McEwen Mining Inc (MUX)

[gharma]

Bottom line will be how MUX and other precious metal producers perform.
The longer forecast must be bleak as far as industrial metals demand, as evidenced by the cut-backs is production and workforce happening at a number of major diversified metals producers.
IMO the WSJ is a spokesman for the cause parading under the guise of critical thinking. What is having the markets spooked is realization that injected liquidity is the only thing that is keeping the global ship afloat, and the elation over the multi-spiked injection (US, UK, BOJ, EU) of insulin has numbed the reaction to negative news factors to very long and they are piling up, . . . , plus a growing realization that there will have to be an exit from expansion of the money supply at some point.
Through it all, the totally irrational slide in precious metals values continues despite the ballooning money supply and indications that it may be a very, very long time before central bank balance sheets are brought back down toward rre-"crises" levels.
We travel in desperate time having disparate indications, all with a front-running spin of opinion setters talking of good times ahead.