China, like most third world powers, assume that to become powerful, it must emulate the united states. When the secret dumping of indian gold becomes apparent, China will not be the ones holding the bag. Since china has direct authoritarian control over it's gold, it can react as quickly and stupidly as it needs to. It is all part of the US plan. The wasps in this country make the greeks look like 2 guys haggling at a open air market. - oh wait - That IS what the greeks are. Well it makes two jews look like... ooooh forget it! You get the idea. The controllers in this country do it all the time. The US has no intention of paying it's debt, because unlike the mythical gold standard you love so much, the reality is that the world economy is controlled by the US dollar and people will put up with anything to get it. There is a dollar shortage in this world, mostly caused by the chinese rabbit like breeding habits. Ben has been printing as fast as he can but he can't keep up. There was an old thought experiment that showed if the chinese lined up and started walking into the ocean, the line would never end.
Now imagine how we are suppossed to supply them with money? You try and dig that much gold out of the earth and it will turn into hollow ball. So the deal is that the US willl ultimately supply china with all the borrowed dollars it needs and the chinese will pay for it in gold. They just need to get the price down first. But it'son a hair trigger and there are quite a few morons in the US that haven't got the message yet. The fact is that the world is trying to support an unsustainable population by buying electronics. We have electronic refrigerators now. Does that make sense? You have cell phons and computers and ipads and countless other devices that eally have no utility. USELESS JUNK. We have thirty year olds that stay at home and play X BOX games. The problem is, there are too many chinese. And not enough money. If you are smart you will not get caught.