Pretivm Resources Inc. (PVG)

[punter75]

The swiss franc, until a few years ago was widely hailed as the bedrock currency because of all the gold in their banks- and then the government deliberately devalued the currency to protect domestic industry. The so called yuan breakthrough, where oil sellers can supposedly exchange their yuan for gold ignores the fact that those using dollars can always do the same- just buy gold with it. Now when the yuan says "payable to the bearer on demand in gold,": as the dollar actually did until FDR got his hands on it in 1933, give us a call, because that will be real news. China was, after all, the nation that inflicted paper money on the world in the first place, and the temptation to simply print money when it is convenient has overcome any scruples since WWI.