When it comes to gold and silver, we have just witnessed the calm before the storm.
June 26 (King World News) – Alasdair Macleod: “You are right to point out that we are running into a new world. As far as the European banks and American banks are concerned, from the beginning of next month they will be complying with Basel 3’s net stable funding ratio. What that means is they will be penalized from running open positions on their gold and silver trading books in anything that looks like a derivative. This week has been rather like the calm before the storm. So it’s going to be interesting to see to what extent…to listen to Alasdair Macleod discuss what investors should expect to see next week after Basel III implementation CLICK HERE OR ON THE IMAGE BELOW.
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