China Buying Gold ...

Well, it is not China alone:

China Gold Buying 35 Times that of US

When I see the graph, I would trust economic policy the more the further left (only on the chart!) the country ranks.

When you read on, it looks like the Chinese policy seems valid and gives good advice to its people. Alternatively, you can also google: china gold attack usd
What you get is the same facts: China buys gold. Just with a different spin. Evil communist China attempts to devalue the US-Dollar by bying gold (instead of US-T-Bills).

Well, maybe China is dumping US-D. Can you blame them?
Seems like the US-treasury does not any more!

But where did we start? Ah, I forgot: China is buying Gold ... massively!