RE:Proof China wants gold standard?There's no question that China is moving toward a gold standard. It isn't buying, mining and hoarding gold like there's no tomorrow because it thinks it's pretty. But I don't imagine for one minute that it's in order to create a "system that is fair to all nations." This is the real world, not Disneyland Shanghai.
https://en.wikipedia.org/wiki/Shanghai_Disney_Resort
No one knows exactly how the game will play out, of course, but the SDR appears to be the favored Western resolution (and perhaps the only one that will avert chaos and war) as we return to a bi-polar world where most trade with China and the other BRICs is in gold trade settlement notes or some from of digital currency backed by NG, oil, gold or other commodities, while the U.S. becomes increasingly isolated and resets (devalues) the dollar in an attempt to extend its reserve status or salvage (impose) some viable alternative.
China is making deals with virtually everybody at the table, and clearly intends to play a (if not, the) dominant role whichever system or systems succeed. The goal for China isn't a level playing field, but "He who owns the gold, makes the rules." In any case, it's hard to see an outcome in which gold is not the big winner, and as far as being a standard is concerned, a de facto one may be as good - or better - than a declared one.
Let us all hope for a happy, prosperous - and peaceful! - 2014.