Gold Rush in China

The video discusses the surge in gold purchases in China, driven by economic uncertainty and the euro crisis. It highlights gold as a popular investment due to its accessibility compared to property. The Central Bank of China is increasing its gold reserves, moving away from euros and dollars. China's gold production is rising, with new mines opening frequently, making it the world's largest gold producer. Despite the rising gold prices, George Soros warns of a potential bubble. The video concludes by emphasizing gold's appeal amidst volatile financial markets.

What is George Soros's prediction about the price of gold?

What does the phrase 'the only thing that glitters really is gold' imply in the context of the text?