Basel 3Will become active April 1 st.gold bullion held in central banks vaults ie not paper gold will become a tier 1 asset and will be 100 per cent counted toward reserves rather than 50 percent.strengthening their reserves and balance sheet.what could they possibly be preparing for.I wonder now if it is better to have a lower or higher price for gold.I would think a higher price would be much better for their survival and protection.imo