In spite of the PM beatdown of recent days:
MUX is still 432.96 % off its 52 week low
GPL is still 244.44% off its 52 week low
and both up in the green this morning. I think we have seen the shake out in the mining shares if these two are representative of the market.
Like Buygold said, the Boyz are not getting much bang for their bucks. Kinda like the Fed, they are pushing on a string.