Global X Silver Miners ETF ( SIL) -1.8% Precious metal producers are running into headwinds leading SIL, the Market Vectors Junior Gold Miners ETF ( GDX), and the Market Vectors Gold Miners ETF ( GDX) to notable losses. The pain can be felt across a number of physically-backed precious metals ETFs as well. The ETFS Physical Palladium Shares ( PALL) is off over 1%. iShares S&P Global Telecommunications ( IXP) -1.2% Telecommunications goliath Verizon Communications ( VZ) has struggled recently, and this morning's earnings miss did little to ease concerns. In addition to weighing on its own share price, VZ's whiff is likely setting a negative precedent for AT&T ( T), which is slated to report its own performance on Thursday. All prices as of 2:13 PM EST Written by Don Dion in Williamstown, Mass.