China Buying Physical Gold

Individuals and Central Banks Buying Gold

sky News offers a video on the gold buying sweeping China as the nation with the fastest growing economy is buying gold bullion over paper currencies. China is buying gold on a large scale including China's central bank and wealthy individuals. China is now the top consumer of gold with India a close second.
Sky News states that many in China feel "a storm is coming" and buying up gold at record levels. It the video you can see the mass of Chinese people buying gold instead of foreign paper currencies.
Sky News states that the Euro crisis and the issues surrounding the world's economies have "spooked" the world's now biggest consumers of gold, china.