Will Basel III Break The Paper Market? Can Gold & Silver Take-Off? (Mike & Mario Show)
Pending "Basel III" regulations emanating from the Bank for International Settlements could destroy the clearing and settlement system for “unallocated” -- that is, “paper” or imaginary -- gold and silver, the London Bullion Market Association and the World Gold Council warned.
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The end of the LBMA is nigh: https://www.goldmoney.com/research/goldmoney-insights/the-end-of-the-lbma-is-nigh
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