The correlation between SLV and BRF is more prominent that with GLD. Nonetheless the relationship between these asset classes are quite distinctive. long BRF, LBJ, ILF
The Brazil sell off appears to largely be over and the decline has been insane. AT the moment I think brazil is offering a major low risk entry point with a tight risk profile where donwside can easily be set at 52 week low of 25.68~. here are some reason I think brazil sell off is over.
1. this ETF is trading at 2009 prices?!?! what ?!?! The amount of fear in...