Do You Think We're in a Bar Market?

I think we've seen a bar market for commodities since 20 11 or so. Management, corporat management has been extremely conservative when it comes to exploration budgets. And then you have the s g policies that kind of developed slowly, and becoming more and more of a constrain on companies' ability to invest capital in different parts of their businesses. I was jus looking at the trends of production of commodities during bear markets, actually ten sou increase. Producers are just not very smart in general. They tend to act kind of a desperate mode a lot of times. It's very important to watch those fundamental trends of the industry. The problem is much deeper than that. Usually what happens with