You are here
U.S. Global's Frank Holmes: Basel III makes it official that gold is money again
By Frank Holmes
U.S. Global Investors, San Antonio, Texas
Friday, May 9, 2025
For my entire decades-long career in capital markets, I've made the case that gold is not just a shiny relic of the past but a serious, strategic asset for modern investors. After years of pounding the table, it feels pretty good to say that the world's central banks -- and now the U.S. banking system -- are finally catching up.
... Dispatch continues below ...
... ADVERTISEMENT ...
USA Gold: Coins and Bullion Since 1973
USAGold, well known for its internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.
Please call 1-800-869-5115x100 and ask for the trading desk, or visit:
USAGold: Great prices, quick delivery -- all the time.
As of July 1, 2025, gold will officially be classified as a Tier 1, high-quality liquid asset under the Basel III banking regulations. That means U.S. banks can count physical gold at 100% of its market value toward their core capital reserves.
No longer will gold be marked down by 50% as a "Tier 3" asset, as it was under the old rules.
This is a seismic shift in how regulators perceive gold, and it's a long-overdue recognition of what many of us have known for decades: Gold is money. And it's the kind of money you want to own when the world is on fire. ...
... For the remainder of the commentary:
https://www.usfunds.com/resource/basel-iii-makes-it-official-gold-is-money-again/
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
Donations of $250 will entitle the donor to a 1-ounce silver round commemorating GATA's work:
https://www.gata.org/sites/default/files/GATA-silver-round-front.png
