Thank you @ExpatSingapore you seem to be yet another person with...

Thank you @ExpatSingapore you seem to be yet another person with their head firmly screwed in, backed up by numbers, logic and fundamental thinking (something a couple of posters, one in particular, just can't get their head around).

Absolutely agree 100%, and have even mentioned many, if not all, of the things above (volumes, the 'big money' RCPS players likely not selling ie retail holders only selling, the fair value of BRL likely 20 cents or significantly above that, the list goes on).

It is unfortunate we have some posters on here who seem hell bent on talking 90% of the time about 1 thing (that was actually done years ago), and even more horrifying at least 1 other poster who "enjoys" reading those posts... Anyhow, I suppose at the end of the day, everyone is entitled to their own opinions, some are just a bit (in this case, alot) more sensible, reasonable and thought out than others.