Captain's Quarters

[JD400]

Three Over +11% Percent Today GoodDay4TheMiners:)



WINNERS

1. Alexco


AXU +11.85% $1.51

2. McEwen


MUX +11.34% $3.24

3. Gold Resource


GORO +11.03% $4.83



LOSERS

1. Northern Dynasty


NAK -6.28% $1.94

2. Paramount


PZG -1.12% $1.76



Kirkland’s (KL.TO) management appointments, Nevsun’s (NSU) new

directors, Tahoe’s (TAHO) board appointment, and Alexco’s (AXU) updated

mineral resource estimate were among the big stories in the gold and

silver mining industry making headlines today.



January 3: Gold and Silver Gain Roughly 1% and 2%

The Metals:



Gold gained $8.17 to $1158.77 in Asia before it fell back to $1146.24 in London, but it then rallied to a new session high of $1163.18 in New York and ended with a gain of 0.77%. Silver rose to as high as $16.485 and ended with a gain of 2.07%.



Euro gold rose above €1114, platinum gained $38 to $937, and copper fell 2 cents to about $2.48.



Gold and silver equities rose roughly 3% in the first 20 minutes of trade and remained near that level for the rest of the day.

Oil fell nearly 3% on concerns that OPEC members are not sticking to their pledged production cuts.



The U.S. dollar index rose on better than expected economic data that sent treasuries lower.



The Dow, Nasdaq, and S&P saw decent gains on economic optimism.



Among the big names making news in the market today were Ford, GM, and Tesla.



GATA Posts:

http://www.silverseek.com/article/january-3-gold-and-silver-gain-roughly-1-and-2-16222