"Have We Reached The Breaking Point?", page-62

China supports Gold-backed currency.

Perhaps India is the world's leader for this cultural change. Once it works then others will follow.

Gold price will be valued on consumers demand. The more demands the less influences from USD's role as a set margin for commodities price, especially Gold.

King USD has depressing all commodities stock. This is to thwart the power of USD as a purchasing power as BRIC members trying to help their own stagnant exports.
Australia, NZ, CANADA and other countries who rely on commodities exports that should follow. I think.