Federal Deposit Insurance Corporation regulators released a “rulemaking notice” of proposed changes to capital requirements for banks under their supervision. While this sounds like a relatively obscure move, which has drawn almost zero media attention, it could be the single largest event affecting gold demand since central banks became net purchasers in 2010.
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Below Is The Link To The Letter From The FDIC To The Commercial And Savings Banks. Type in "Gold" in the search at the top of the PDF file snf look for where they address gold.
A. Zero Percent Risk-Weighted Items
The following exposures would receive a zero percent risk weight under the
Direct and unconditional claims on the U.S. government, its central bank,
or a U.S. government agency;
Exposures unconditionally guaranteed by the U.S. government, its central
bank, or a U.S. government agency;