McEwen Mining Inc (MUX)

[gharma]

Or the miners could just follow Sinclair's call of a year ago about holding the excess in treasury in bullion instead of selling at sub-par prices and having a treasury that earns maybe 1% interest.

Then again, it has been said a fair percentage of new production is being sold direct to end buyer by miners, bypassing the exchanges.

Fact is that the disconnect between physical and paper markets for metals has been stretched of late, and if one believes the reports done in order to save the arses of the bankster bullion banks and the commmodity exchanges where depository inventories have been plummeting.
As facts are however we have witnessed the capability of the interventionists, as well as the blind eye of any supposed regulators, which lead to the obvious question "when is enough enough?".

link previously posted elsewhere:

http://goldtrends.net/FreeDailyBlog?mode=PostView&bmi=1267250

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/15_Maguire_-_LBMA_Default_Triggered_Gold_%26_Silver_Takedown.html