Miners are mashed premarket as Goldman Sachs cuts its forecasts for gold and silver (I, II) and...

|By:, SA News Editor

Miners are mashed premarket as Goldman Sachs cuts its forecasts for gold and silver (I, II) and Chinese stocks melt down on increasing fears of a liquidity crunch there: GOLD -4.8%, AUMN -3%, MT -2.9%, RIO -2.7%, BHP -2.4%, FCX -2.3%, AU -2.2%, GDX -2%, GG -2%, SLW -1.9%, AUY -1.8%, ABX -1.6%, NEM -1%.