mdc,I will steal your thunder a little.I posted on HC this post...

mdc,

I will steal your thunder a little.

I posted on HC this post #7837748

Feb 2011.

I said, my own words and it wasn't being said anywhere else at the time,

China wants to become a reserve currency and has the means to eventually establish 10,000 tonne of gold reserves. (320,000,000 oz)

===and later in the post

You can expect that once the world-wide resource base is to hand, Chinese will be quite happy to see Gold at $5000 in 5 years after having encouraged their population two years ago to start buying gold, buying that surged last year, and in 5 years a lot of gold will be held by the Chinese people, as well as the Govt. And good luck to them.

(two years ago would be 2008/9. It was also when gold vending machines ere introduced in Europe, and when Chinese citizens could deposit money in the bank and their passbook debited with x grams of gold)

Check out NGF, FML for whats going on.

I as picking 2016 for a revaluation, there seems a little more haste lately because I feel the events are unravelling a little quicker than they might have expected. Just a little more urgency.