>>5814900 lb
>This is for anons who don't follow markets in general and commodities in particular.
Anon, I'm a Au fan. But Basel III was published in 2012. It eliminated Tier 3 assets (where gold was historically classified) and required everything to be classifed as Tier 1 or Tier 2. The decision was made to move gold to Tier 1.
This is not new information. Anyone who tells you it is, is simply talking their book.