Gold Becomes Tier 1 Asset

In normal English this means that TPTB (here the BIS!) have decided that gold is as good as a currency on the global stage - duh!

Here it was predicted a while ago:

http://www.marketoracle.co.uk/Article34849.html

And here it becomes fact:

http://www.silverdoctors.com/gold-to-be-declared-tier-1-asset-under-new-basel-iii-rules/