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Gold/Mining/Energy : McEwen Mining
MUX 20.49+2.5%Jan 8 3:59 PM EST

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From: Robov1/14/2016 11:00:21 AM
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Boy the paper pusher's are back in force again today. Giving up all of yesterday's gains. And silver just getting whacked again! What is it about silver and that $14 level? Ah quick look at the daily reveals the 50 DMA at $14.12

Gold & Silver Slammed After ECB/Basel Committee Comments

Submitted by Tyler Durden on 01/14/2016 - 08:23



A combination of ECB minutes showing some members looking for more stimulus and Basel Committee publishing final risk rules which will mean stiffer capital demands from banks has sparked weakness in EUR (sending the USD higher) and sparking and instant slam-down in gold and silver.
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