EVN 1.38% $3.58 evolution mining limited

You keep posting USD crumbling, but there is no alternative. And...

  1. 5,505 Posts.
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    You keep posting USD crumbling, but there is no alternative. And while USD goes up, that means international capital flows move out of other countries towards the US. That's why AU gold stocks have been hit so hard. Supply vs demand has been skewed due to international capital movement. Eventually it should reverse somewhat as AUD is actually not a bad asset in relation to Euro / Pound / Yen. Just need to find the bottom in AUD / USD relationship.

    Its still a buy / hold for me because they are still making money and just need to ride this out. Nobody knows where the bottom in price will be or when it will turn.
    Last edited by elzephyrus: 15/09/22
 
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