Banro Corp. fka BAA

[baystock1]

$1250 gold price is needed to confirm new bull market in gold:
http://kingworldnews.com/richard-russell-says-americans-are-scared-to-death-as-he-declares-what-will-confirm-new-bull-market-in-gold/

Besides weakening USD as a driver for gold prices, there are some very important developments coming out soon from China related to the Shanghai gold fix that can also do the same:
http://www.usagold.com/publications/NewsViewsJuly2015SpecialReport.html

Gold Forecaster's Julian Phillips, who has analyzed activity in the gold market for a number of years, points out that the seminal changes taking place in the gold market centering around Shanghai "will allow Chinese banks to participate in the gold market on a global basis." It will be a market, he says, "that is not distorted by the banks, their proprietary trading, or control of the gold distribution system globally. China will hold these reins."

Gold as a wealth building asset – East and West

In short, the physical flow of metal – its purchase and sale in real terms – will govern pricing in Shanghai, not leveraged paper trades, as is the case in the West. This emphasis on physical pricing in Shanghai, particularly when the new Shanghai Fix comes into play later this year, could signal the birth of a whole new gold market unlike anything we have experienced since the United States detached the dollar from gold in 1971.