Mining shares tended to outperform the metals as the relationship between the miners and the metals began to converge again to a more normal correlation.
This afternoon all the safe havens including the dollar took a leg up as it became clear that the banking cartel will not allow Europe up for air.
The looting will continue until reforms are enacted and criminal penalities for rigging markets and defrauding the public are enforced.
I remain long the metals and miners and short the broad indices, although I did make some adjustments today and took some mining profits off the table, with their associated hedges.
