It's about capital ratios for the banks,,,回复：We do not know what

There will be no new offically agreed upon monetary system like the Bretton Woods. Gold will be in demand for practical purpose: making the banking system solvent again.

The big new thing in gold – capital adequacy ratios
I don't see silver, or anything else mentioned below:

http://www.mineweb.com/mineweb/view/mineweb/en/page103855?oid=152291&sn=Detail&pid=102055

The big new thing in gold – capital adequacy ratios
A decade on and we have grounds for saying that gold may well see a significant leg higher… the big new thing in gold. I’ll explain…

 

Banking capital adequacy ratios, once the domain of banking specialists are set to become centre stage for the gold market as well as the wider economy. In response to the global banking crisis the rules are to be tightened in terms of the assets that banks must hold and this is potentially going to very much favor gold. The Basel Committee for Bank Supervision (or BCBS) as part of the BIS are arguably the highest authority in banking supervision and it is their role to define capital requirements through the forthcoming Basel III rules.

 

In short, they are meeting to consider making gold a Tier 1 asset for commercial banks with 100% weighting rather than a Tier 3 asset with just a 50% risk weighting as it does today. At the same time they are set to increase the amount of capital banks must set aside as well. A double win potentially.

 

Hitherto banks have been much dis-incentivised to hold gold while being encouraged to hold arguably riskier assets such as equity capital, currencies and debt instruments, none of which have fared too well in the crisis. With this potential change in capital adequacy requirements. bank purchases of gold would drive up its value relative to other high quality qualifying assets, increasing its desirability for regulatory purposes further. This should result in gold being re-priced to bring it on a par with all other high quality assets.