PM GoldFix: Silver Runs 3.6% on Newmont Shut Down.

Gold and Silver (especially) were decidedly strong today.

As we observed on Twitter at 2:35p.m. You love to see it: Silver outperforming gold with copper strong, CTAs long and a big gold buyer just closing a buy trade You really love it.

Newmont Strike in Global Context

Cheerleading aside, this rally had to be in part a product of the news out of Newmont Mexico ( big silver producer) where the company retaliated against a striking union by announcing a shut down of operations.

Apparently: Penasquito production comes in at around …