Banro Corp. fka BAA

[OhManIDied]

Chinese market collapse should lead to more strain in physical gold inventories... that's the reasonably short term and extending onward.

The crash of the SHCOMP last night (by 245 pts) has forced liquidation in margin-leveraged accounts. Where fools still have confidence in the govt-supported plunge protection which has prevented the unwinding of, and even encouraged, leverage with margin.
http://www.zerohedge.com/news/2015-08-18/china-stocks-crash-58-stocks-halted-limit-down-global-markets-spooked-pboc-loss-cont

It is possible that this is what caused the very temporary dip in gold this morning. However, all signs are pointing to gold going up over the medium term.

Instability is growing in every nook and cranny of the global economy/financial markets like a malignant cancer or a deadly mold that will only lead to eventual death...

BAA