AVO avoca resources limited

whats driving up avo

  1. 203 Posts.
    The TA guys are pointing out that the US$, which is the global trading currency is getting dumped in a parabolic downturn (see www.stockcharts.com and enter $USD in search followed by changing the time span to 2 years to get the overview). Hence gold is defying the TA fundamentals and is being driven towards US$1,250. The US$ is becoming a full blown crisis. Therefore, good emerging producers like AVO with excellent upside potential are going to be at a premium to their net assets. The stampede for gold stocks hasn't yet started, but its imminent.

    Sag
 
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