AVB 0.00% 16.5¢ avanco resources limited

There is one chart there of interest. The ETF for Brazil. Here...

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    There is one chart there of interest. The ETF for Brazil. Here is a similar one for Australia. The % decline is pegged to the depreciation in the currency. There are a couple of things that will help Brazil and one is a higher oil price. Brazil produces lots of sugar. Most of this was used to produce ethanol. Oil is so cheap at the moment and there is no need to add that poison to your fuel so they are selling the sugar on the global market and tanking the sugar price. When oil eventually goes up, the price of sugar will rise again and copper will go with the oil price so Brazil could be used as a bellwether for Copper. Watch this space.

    AUS ETF 31-7-15.JPG
 
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