I thought this version of the end-game from zero hedge well written:
http://www.zerohedge.com/article/guest-post-thinking-through-implications-chinese-bubble-economy-why-gold-only-answer
"Global heads of countries that matter (lets call it Gee Whatever!) are all called to somewhere, hopefully private, to agree to some new global currency accord and capital account rebalancing..
.....China will purchase up to US$500bn of gold from the major exiting central bank holders at the agreed price of US$xx,xxx per ounce. In effect, gold has been monetized."
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I thought this version of the end-game from zero hedge well...
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