Well, I've read quite a few newsletters and it seems many of them don't have an answer for this sell off. They are bewildered to see the POG holding up quite well forming a base at 800.00 yet the junior sector has been selling off.
It does not make much sense for us to be sitting at the same levels as August,,,yet gold is much higher than August.
The only thing I can think of is the funds need cash/profits for their books.
I will add that today was a little better than yesterday for the stocks I follow,,,a little more green on the screen
PS,,?? (It's hard to figure,,,,and one other thought that really worries me is the possibility that foriegn investors have pulled their money out of all U.S. investments)