Banro Corp. fka BAA

[caffeinedrive]

Q1 Gold Demand Trends

I like BAA fundamentals at the current gold price, which is why I am sizeably invested. Of course a higher gold price would be great but reading last month's World Gold Council's assessment of Q1 doesn't appear to support the numerous extreme bullish posts on the board. Below is a summary and link to the full report:

http://www.gold.org/supply-and-demand/gold-demand-trends

In a generally quiet quarter, global demand dipped 1% to 1,079t. However, the gold market’s complex eco-system was well balanced in Q1 2015. Conditions differed from market to market but at an aggregate level, these differences broadly cancelled out. Growth in India and the US could not prevent a modest downtick in jewellery demand; light inflows into ETFs, the first since 2012, led to growth in investment. Headwinds included economic slowdown and rallying stock markets in China, and near-record local prices in Turkey