- Bloomberg Intelligence suggest gold-backed yuan see gold at $64,000 per ounce - “Chinese gold standard would need a rate 50 times bullion’s price” - As China-U.S. relations deteriorate, gold-backed yuan possible - Dollar and financial and monetary dominance of U.S. at risk - U.S. and China war of words continues to escalate - China rejects U.S. hegemony in Southeast Asia - Currency war to escalate http://www.goldcore.com/us/gold-blog/gold-at-64000-bloombergs-china-gold-price/