My understanding of the world, FWIW.
USA has had the aim of a unipolar world since WW2, wishing to be the sole superpower. This aim, is as legitimate to those factions in the US power structure who seek peace and security, as it is to the aggressive exploitative factions, and so the policy is without meaningful opposition.
As the USA busies itself of stripping Russia and China of allies, buffer zones and resource security, a pretext must be found for this undeclared war, and the twin reasons of counter terrorism and humanitarian intervention are the alibi.
Once China and Russia say 'enough is enough,' they must find some option other than direct confrontation to stop the US military & political salami slicing machine from slicing away yet further of their chess pieces. To add insult to injury, they themselves fund the salami slicing US military & political machine, through the dollar franchise.
Traditionally, pushback was through proxy war, but they also have the option of detonating the dollar. Those who say that this is an own-goal, overlook the fact that what might be painful for Russia and China, may in fact be the death blow to the dollar camp, and their military machine. In militaristic terms, this is victory over the enemy. The warning shots come not with bullets, but with demanding gold delivery, and by steam-rolling western banks at the comex if required, where the perception of the value of gold is set.
Time favours the underdogs, but the Dollar camp knows that, and so the underdogs must not be given that time; advantage has to be played while it is in hand. To whit, something big is indeed brewing. Syria, Iran, North Korea, Japan vs China, Japan vs Russia, and Arab springs, the momentum is building.
What happens in the Comex, is therefore a direct symptom of the state of the greater world, we agree.