Ltda Meridiana - Basel IV Has Arrived! 3/28/19
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Ltda Meridiana - Basel IV Has Arrived! 3/28/19
by Ssmith Fri Mar 29, 2019 9:24 am
News received by telegram
Thursday 28 March 2019
16:51 PM
Tomorrow Friday 29 March Basel IV enters into force in all world banks.
Gold becomes a world currency. I'm listening tms will start on Monday, April 01, 2019.
Now it seems that all next week will provide payments for currency changes.
Historical Bonds will wait until all currency purchases (Coins) have ended, except that the 1 % advance must be paid for the week of Monday, April 08, 2019.
Thursday 28 March 2019
16:51 PM
Tomorrow Friday 29 March Basel IV enters into force in all world banks.
Gold becomes a world currency. I'm listening tms will start on Monday, April 01, 2019.
Now it seems that all next week will provide payments for currency changes.
Historical Bonds will wait until all currency purchases (Coins) have ended, except that the 1 % advance must be paid for the week of Monday, April 08, 2019.
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Re: Ltda Meridiana - Basel IV Has Arrived! 3/28/19
by Kevind53 Sat Mar 30, 2019 12:28 am
Basel IV deals with accounting methods and risk, asset and capital ratios. It's really nothing more than a tweaking of the Basel III rules, and has ZERO, repeat ZERO to do with gold backed assets, or so called historical bonds. Gold can be counted as an asset under Basel III, but due to it's volatility it is considered a tier two asset unlike cash or government backed notes which are considered tier one.
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