King Gold: How Basel 3 is setting the stage for a gold market revolution and devaluing the Fiat Curreny System.
The introduction of Basel 3 regulations marks a pivotal shift in the global financial landscape, significantly undermining the Western Alliance’s ability to manipulate the dollar price of gold.
This regulatory change is evident in the stark price discrepancies observed on June 10, 2024: gold traded at $2,313 per ounce in New York, while fetching $2,402 per ounce on the Shanghai Gold Exchange.
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