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Change to gold risk weighting proposed by FDIC
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<p>[QUOTE="julius, post: 1474323, member: 38622"]Can't find too much information on this at the moment, but thought I would share and see if anyone has useful insight on the issue. You can see the notice here: <a href="http://www.fdic.gov/news/news/financial/2012/fil12027.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.fdic.gov/news/news/financial/2012/fil12027.pdf" rel="nofollow">http://www.fdic.gov/news/news/financial/2012/fil12027.pdf</a></p><p><br /></p><p>On page 2 you can see that gold would be in the same class as cash in having a zero percent risk weighting. </p><p><br /></p><p>What I am unclear on is:</p><p><br /></p><p>What exactly are the implications of this?</p><p>What are the chances this Notice of Approved Rulemaking (NPR) will become the standard?</p><p>What is gold's current percent risk weighting?</p><p><br /></p><p>This is out of my expertise and would appreciate some clarification if someone has it.[/QUOTE]</p><p><br /></p>
[QUOTE="julius, post: 1474323, member: 38622"]Can't find too much information on this at the moment, but thought I would share and see if anyone has useful insight on the issue. You can see the notice here: [url]http://www.fdic.gov/news/news/financial/2012/fil12027.pdf[/url] On page 2 you can see that gold would be in the same class as cash in having a zero percent risk weighting. What I am unclear on is: What exactly are the implications of this? What are the chances this Notice of Approved Rulemaking (NPR) will become the standard? What is gold's current percent risk weighting? This is out of my expertise and would appreciate some clarification if someone has it.[/QUOTE]
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