Still a minority opinion, but like I’ve said for the last year – gold is going to be remonetized. This will causes a seismic shift in global wealth, so expect it to be resisted furiously until it is inevitable. When one or more countries break from the pack and goes back to a gold standard, everyone else will be forced to. Since the European countries, the US, Japan and the rest are so dependant on everyone else thinking they “play nice” (don’t rock the boat!), it is likely to be either Russia, China or the OPEC nations that lead the way. Imagine what happens the day you cannot pay for oil except in gold.
But since I’m getting very ahead of things, you should probably not read too much into this article (WSJ), more than it being a sign of the times.