Basel 3, The BRICS & Financial Disorder
Basel 3, The BRICS & Financial Disorder
Miles Harris: 6-23-2025
As Western regulators tighten liquidity rules under Basel III, gold—the oldest store of value—has been quietly sidelined from modern banking.
Yet at the same time, BRICS nations are accumulating it with strategic intent. Is this a regulatory oversight... or part of a deeper global shift?
In this analysis, we’ll explore how Basel III shapes financial behaviour in the West—while BRICS nations operate on an entirely different playbook.
What emerges is not just a regulatory gap, but a structural divergence that may well redefine the future of money.
00:00 Intro
00:38 Basel 3 Technicalities
03:56 Gold: Capital Efficient; Liquidity Inefficient
04:47 Basel III: Scope & Application
05:36 Opaque Channels Beyond Basel
07:14 The East West Regulatory Divergence