RE:Hmmm ... VIX is dropping, but so is USDIt's the growing belief that the US will lower IR's which should promote gold and pull silver up as Ag/Au ratio now about 60% deviation from historical average with silver needing to catch up.
One can assume that the situation in China is always worse than known, and if China gets a cold, will western economies sneeze? China doesn’t fear a business downturn, they worry if growth stops.