RE:China to the rescue Agreed!
It's frustrating to watch when individuals with access to/control over such sheer financial force are not held to account when they are so terribly wrong. Media has shared that XG intends to maintain the enormous short, despite the recent need for the LME, his corporation, big banks and his government to step in and save his hide.
Sadly, this type of behaviour continues to be reinforced. For a couple of examples, consider the tech bubble and financial meltdown.
JMHO,
mas75