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Basel III and gold.

Summary:
Basel III regulations start at the end of this month. Gold reclassified to a Tier 1 asset, but it doesn't necessarily mean bullish.

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Basel III regulations start at the end of this month. Gold reclassified to a Tier 1 asset, but it doesn't necessarily mean bullish.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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