The May Round Up

In this month's episode of Glint Talks Money, Gary Mead discusses two big issues - inflation and the introduction of new global banking regulations, Basel 3.

The first is giving sleepless nights to central bankers. Inflation is clearly back - but is it going to get out of control? Central bankers fight inflation by pushing up interest rates - but if they do that too fast or too soon they risk snuffing out the fragile post-Covid economic recovery. As tightrope acts go, this one is a humdinger.

The second is starting to get gold fans excited. If fully implemented Basel 3 - which has started to be introduced in Europe but won't arrive in the UK until 2023 - promises a shake-up in bullion banks' capital reserve requirements. Basel 3 may impact the trading of unallocated gold. Some think the net result could be a higher gold price. But there is still plenty of time for Basel 3 to be watered down.

So tune in and find out more about two of the major concerns of the moment.