How Much Gold Does China Really Have ???

Here is an interesting analysis of the size and potential importance of China's gold reserves:

If China has amassed 20,000, 25,000 tons of gold or even more, what does it mean?  It means the West is financially bankrupt as by process of elimination much of this gold has had to come from Western vaults!  It means that money and power has shifted East right before our very eyes and under our noses.  It means that China can price or value gold at any price they would like … and in any currency they’d like.  It means we will be living in a China centric world where the “rules are made by those who have the gold”.  It means the U.S. (and much of the West) will be relegated to nearly immediate 3rd world status.  The danger of course is in today’s world, if this really was a miscalculation by the West, a very nasty and game ending war could break out.

http://www.globalresearch.ca/chinas-massive-holdings-of-gold-bullion-is-the-west-financially-bankrupt/5411692

Do you remember what Kelly Mitchell said in his book Gold Wars?

There is a mechanism being put into place to destroy the US dollar in the next few years. It has many components, but the primary ones are an alternative oil sales system, a gold-backed trade platform, an international central bank outside of Western control, a framework for diminishing US influence, available natural resources, and a coalition of regional leader nations. Participants have reportedly agreed to prices of $7,500 minimum for gold and $150 for silver [per troy ounce].

http://sainthoward.blogspot.com/2013/12/gold-wars-must-read-book.html

In spite of the US dollar's current apparent strength relative to other fiat currencies, how would it fare against a gold-back alternative currency accepted by most of the world? Perhaps not too well.