Gold as a Tier 1 asset!

Riktigt intressant artikel om vad som skulle hända om guldet skulle bli klassat som en tier 1 asset. Han tar upp exemplet från 2008 när alla sålde av allting för att bli likvida. Han gör ett mkt bättre jobb att förklara de än vad jag kan så här kommer citat. Det här är en av de stora anledningarna till att äga guld!

"With gold a Tier II asset in bank's balance sheets, only 50% of its value could be credited as an asset to that balance sheet. So its real market value could only be given meaning when it was sold. By selling gold and using the proceeds to buy Tier I assets, such as Treasuries, the bank ensured that their balance sheets benefitted fully from its value. Even when the gold price fell 20% it was worth selling, so that at least 80% of its former [$1,200] value could be credited to the bank's balance sheet instead of just 50% [or 40% at the value after a fall in the price of 20%]."

Och de här är inte något dröm. LCH. Clearnet Group är ett enormt stort "clearinghouse". 

"...are the second largest clearer of bonds and repos in the world"

"LCH.Clearnet Group Ltd. said it will accept ‘loco London' gold [0.999 or 0.995 quality gold] as collateral for margin-cover requirements on OTC precious-metals forward contracts and on Hong Kong Mercantile Exchange precious-metals contracts starting Aug. 28. ‘Loco London' gold is London ‘Good Delivery' Bars (roughly 400-ounce or 12.5 kilograms gold bar) held with LBMA members within the London bullion clearing system. The clearing house has already been using gold bullion as collateral since 2011 but now will accept ‘loco London' gold as collateral."

"The development follows the same significant policy change from CME Clearing Europe, the London-based clearinghouse of CME Group Inc., announced recently that it plans to accept gold bullion as collateral for margin requirements on over-the-counter commodities derivatives. Both C.M.E. and now LCH.Clearnet Group have decided to allow use of gold as collateral from 28^th August"

Guld kommer mer och mer tillbaka in i finanssektorn!