P.A.G.E.

Here`s another article about this gold-backed Chinese move. See also Keiser`s commenters - interesting stuff:

http://maxkeiser.com/2011/08/26/my-contention-is-that-this-new-exchange-represents-a-far-bigger-challenge-to-the-hegemony-of-the-existing-bullion-banking-system-and-it-price-discovery-mechanism-than-most-realise/