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黄金的真正靠山,是巴塞尔协议 Ⅲ
很多人只知黄金避险
却不知黄金是一级资产 + 零风险权重地位
是被《巴塞尔协议 Ⅲ》彻底改写的
2019 年实物黄金划入一级优质流动资产
后续 NSFR 落地
黄金在监管层面真正等同于现金、国债
银行持有不再占用资本
这不是炒作逻辑,是全球金融规则硬背书
布雷顿森林解体后
黄金第一次从 【商品】 回归体系级核心硬资产
$XAU #黄金