Dan,
It was on his sub site, so I can't link if you aren't a subscriber. Anyway, since you saw the Tanagaki article, you can guess Fleck's reaction. He thinks it is very importhat, much more so than the Fedspeak that came out today. He says that even a small switch to gold by the Japanese would be measured in tons, and might be followed by China, and by lots of Asian private citizens. He thinks it's a really big deal...