Resolves YES if credible industry or government reports indicate that more than 10% of the global silver production is disrupted due to violence in Mexico's key silver mining regions such as Zacatecas and Durango on April 1, 2026. Resolution will rely on data from mining company disclosures, Mexican government announcements, or authoritative industry analyses published around that date. This threshold matters as Mexico is a major silver producer, and disruptions exceeding 10% of global output could significantly impact silver supply and prices. Disruptions include halted or reduced mining operations directly attributable to violence, excluding unrelated operational issues.

Violence in Mexico's core silver-mining region, including Zacatecas and Durango, could disrupt a significant portion of global silver supply. This poses substantial risks to silver availability and could drive up market prices.

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