Mert, On the side that believes, perhaps wrongly, that China is primarily a "business/trade" country, not a war country (see Gerald Celente), then they'll be using their gold to take advantage of the IMF which it now has no access to (see Rickards). And by doing so, they'll more rapidly progress towards establishing the Yuan as the world's reserve currency. They want more international trade, especially now as their economy is slowing. Debasing the dollar would be counter productive, unless they're a "war "country, Then, that strategy would make sense.