@owenbarder @alexcobham - I think the Zam figure is misunderstood. I hope its not framing. https://twitter.com/owenbarder/status/483924078534086656 …https://twitter.com/alexcobham/status/484426280654606336 …
@owenbarder @alexcobham the number assumes that all swiss traded copper was sold at e.g 50 $/kg for copper cathode..pic.twitter.com/vrZRR9XSEE
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@MForstater There's no assumption, it's a simple conditional statement.@owenbarder -
@alexcobham@owenbarder eh? What use is a conditional statement if X then Y, unless there is reason to think that X is a live possibility?
End of conversation
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