Basel III Countdown: The Gold Crisis Banks Can’t Hide

The Basel III Countdown Begins Basel III will be implemented in the U.S. on July 1, 2025. The much needed change strengthens bank capital requirements, limits leverage, and increases liquidity standards to reduce financial risk and enhance banking system stability. A significant part of that involves restoration of Gold to its status as Tier 1 capital reserved for the world’s highest valued collateral. What follows is an analysis and explanation of the scramble to repatriate both Gold and Silver by American banks as that deadline approaches. 1. Repatriation: Quiet Additions to the U.S. Balance Sheet The gold being repatriated now...