/biz/ - Business & Finance

>>	Anonymous Fri Feb 26 16:24:16 2021 No.29788535 [View] File: 362 KB, 817x557, Basel_III_Bank_Dates.png [View same] [iqdb] [saucenao] [google] >>29788290 which ones are you against, and why? thanks in advance

Anonymous Tue Feb 2 12:55:21 2021 No.27507852 [View]
File: 362 KB, 817x557, Basel_III_Bank_Dates.png [View same] [iqdb] [saucenao] [google]

So I did some more reading into this whole Basel III thing, banks will need to store more physical collateral in order to stabilize banks in the event of another black swan event. Turns out they delayed the implementation of Basel III from 2018 to 2023.

I've heard about this back in 2018, however most likely they will keep extending the implementation because that would drive up PM prices significantly.

Do you think they will ever implement Basel III on the banking system? Nonetheless, despite paying $34 an ounce, I believe silver could head to $40-$50 an ounce over the next few years given some other fundamentals so I'm not too upset about FOMO'ing this weekend.

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/biz/ - Business & Finance

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