What's alarming ... too much physical being consumed; they are going to crash its price; hyper inflate its price ... be stuck with too much arcane metal when the price peaks between the end of the year and the beginning of next (when is that anyway).

Where is journalism going when the use words like alarmingly ... is that just hyperbole or does it make sense?

Exactly. Alarming to who? The Fed? George Soros? LOL.

This bit's interesting:

Unwinding China's newly-enabled love of physical gold would be equally disastrous, politically, as well. But is it mere coincidence that, just ahead of the traditionally strong gold buying season of Lunar New Year, Bejing moved to shut down all gold trading exchanges other than the officially-recognized Shanghai Gold Exchange and Shangai Futures Exchange?

A neatly controlled and officially approved gold rush has been very welcome to date. Any hint of panic buying, in contrast, might perhaps remind Beijing just a little too much of what's been happening in the neighbouring, gold-heavy and equally Communist state of Vietnam.