China’s Gold Grab Could Break the System – And It’s Already Happening

Let me lay it out for you, plain and simple: China is on a gold-buying spree, and it’s making the suits at the big banks nervous. Real nervous. Société Générale – one of Europe’s major investment banks – just waved the red flag. Their analysts say what we’ve been shouting from the rooftops: the paper gold game is on borrowed time. If central banks keep buying at the pace they have over the past few years – about 1,000 tonnes per year – we’re staring down a potential supply crisis. This year, they’re forecasting another 950 tonnes, which is way above the historical average. That’s not a blip. That’s a trend. And folks, it’s no coincidence. China’s Gold Addiction Is…