Gold-Backed SDR "Is Quite Likely To Happen", LSE's Lord Desai Warns "“A bit of gold” could help stabilize SDRs, Lord Meghnad Desai, chairman of Official Monetary and Financial Institutions Forum, says at precious metals conference in Dubai. “We could ask that gold be nominated as part of the SDR. That is one thing I think is quite likely to happen” This will be easier if China increases its official gold holdings." http://www.zerohedge.com/news/2015-04-12/gold-backed-sdr-quite-likely-happen-lses-lord-desai-warns