china is stacking up as much gold as possible!

In my humble opinion, all this talk about how China cannot decouple from the USA due to the amount of USD it holds is true....to a point. Sure, they have been buying up USD, treasuries, bonds etc. to the extreme in order to keep the Yuan down 4 export reasons. I do beleive they regret holding so much USD. But they can put the USD to great use by doing what I think they're doing; Using USD to buy up assets internationally, like rio, pem etc.

Re; Gold, sure it is a limited commodity. "Experts" everywhere are saying that China can't get it's hands on much of it 4 a many a reason. But reality is, that China is now the #1 producer of Gold in the whole world, & the Chinese gov't won't let anyone else mine their gold. It stays in China!!! Seems to me, China is so relatively powerful now, that they can have 2 bob each way on USD & Gold until they decide they won't finance USA's fatcat consumption spending anymore.

http://www.youtube.com/watch?v=zg37e2GRqIk

Anyone that thinks I'm way off, please correct me.