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BANRO CORP. T.BAA

"Banro Corp through its subsidiaries, is engaged in the exploration and development of its gold properties, including Twangiza, Namoya, Lugushwa and Kamituga."


TSX:BAA - Post by User

Comment by Kronsteenon Sep 20, 2014 5:16pm
111 Views
Post# 22955733

RE:RE:Majorly undervalued

RE:RE:Majorly undervaluedBaystreet. I suggest itnis you that needs to learn about what drives the gold price. Why don't you do yourself a favour and read this. https://www.telegraph.co.uk/finance/personalfinance/investing/gold/11014933/The-seven-drivers-of-the-gold-price.html

QE has failed dismally. Ultra low interest rates have only given respite. All the Fed has done is lie and delay the inevitable. When wages are stagnant, the cost of living is virtually unaffordable for most with maxing out the credit card, and labor participation is in freefall, I am sure even you would agree the outloook is dire. Ideal scenario for gold. US stockmarkets are in severely overvalued bubble territory, but thats where you want to put your money, be my guest. Happy weekend. 
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