i know i'm a gold bug but......., page-13

I think that China re-opening public ownership of physical gold is a HUGE indicator to which way gold will go.

China has been building its reserves for quite some time and now allowing its citizens to hold physical gold adds a second column reserve

I think we will see China as the main protagonist in bringing imperialist US back to earth . . . not by military threat, but by economic/monetary force/manipulation.
Remember, China has the world's largest positive balance of trade with US and has enormous US$ reserves, so to swiftly "punish" the US$ would also hurt themselves . . . . but slowly slowly divesting from US$ into, say gold (as they have been) sets the stage for one day asking to be paid in gold rather than US$ . . . . When(if) that happens the stampede out of US$ will be deadly & gold will go ballistic.

The Chinese have been described as inscrutable for eons . . . . and for good reason.