A wise person always does his research on the back of the so...

A wise person always does his research on the back of the so called "talk down Mexico way" market chatter. 12 months ago you say?

Turkey has a habit of conflating issues. Deliberate?

The answer is simple. China local consumption has dried up and now they are trying to export the over production to the West and the West (and some eastern countries) are erecting tariffs to keep it out = base metal (Silver is base industrial) Bear.

That is before we even begin to talk about the much greater secular challenge China faces with supply line diversification. Then there's years of residential accommodation supply up their sleeve which won't be cleared for 5+ years, 20+% housing price drops, Manuf., layoffs = More consumption evisceration. Slower Chinese demand = slower base metal demand for all the commodity countries including Oz.

I guess not so simple after all.