Commodity Culture: $150 Billion of New Money into Gold? Basel III Changes Everything

A recent insightful discussion on Commodity Culture with Jesse Day, featuring Trey Wasser, CEO of Dryden Gold, delved into the transformative forces shaping the gold and digital currency landscapes, alongside exciting updates from Dryden Gold’s exploration efforts. The conversation revealed a bullish outlook for gold, driven by unprecedented institutional demand and innovative financial integration. A cornerstone of the discussion was the seismic impact of Basel III regulations. As of July 1st, 2023, these regulations have reclassified gold as a Tier-One asset for U.S. banks, putting it on par with U.S. Treasuries. This pivotal change is anticipated to unleash a tidal…