This article from Bullion Bulls Canada makes the case that China is planning on pulling the plug on the US Dollar peg. It also says that as a result, the Chinese are picking up gold as quickly as they can – buying on dips. If this is so, then it is certainly good for gold. The time for this to happen? The author speculates sometime in 2010. Here is an excerpt: "The general attitude I have encountered (which is obviously fueled by how the mainstream media chooses to report this issue) is that China's government is likely to retain the dollar-peg either because a) that has been its policy throughout the last decade; or b) that China is somehow “trapped” into maintaining the “peg”. I firmly believe the exact opposite: that China's government is very close to abandoning the dollar-peg, and (in fact) has made a multitude of preparations to do so." Read more here: Bullion Bulls Canada