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FDIC Proposes "Gold" To Be Zero Risk Like Cash for Commercial And Savings Banks!!!!!

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Published on Jun 20, 2012

Federal Deposit Insurance Corporation regulators released a "rulemaking notice" of proposed changes to capital requirements for commercial and savings 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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