Player, you beat me to posting this. If this is true, the ramifications are staggering. All it takes is China to get anxious about their US Dollar holdings being devalued, and it's all over. The intial dumping of a large portion of their holdings would cause the beginning of panic selling of the dollar worldwide.

All I know is, I don't want to be out of precious metals when this happens. No technical indicator, chart, or Elliot Wave count is going to predict this. It could happen at any time... Sunday night, or a few years from now, no way to tell exactly, but we know the ultimate result. All I care about is being right in the end.

For a hypothetical scenario of how this panic selling would unfold, watch this interesting documentary on YouTube for 45 mins... (beats keeping CNBC blabberheads on all day).

http://www.youtube.com/watch?v=AuPgd...