Swiss refiner email reveals Basel III impact on gold market

The LBMA will feel the squeeze of Basel III…

by Samuel Briggs via Kinesis

As the month draws to a close, Andrew Maguire assesses the gold and silver markets ahead of Options Expiry and marks his price expectations for the precious metals by year’s end.

With January 2022 fast approaching, the precious metals expert details why the LBMA will feel the squeeze of Basel III months ahead of its official exposure to the ruling. Additionally, the long-time wholesaler reveals an email from a Swiss refiner that illustrates the evaporation of LBMA-controlled paper market liquidity.

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