This is yet another unbelievable day. Futures look scarey as hell now having hit their limit. Markets being crushed around the world yet gold not only fails to rally on this but drops. Sadly, I can't even blame the cartel for this...

it's gold being used what gold is meant for, the currency of last resort. Funds are selling to raise every dollar they can. Not only is the selling bad for gold itself it's fueling the dollar as well making things even worse.

Good luck today guys. It's going to be as brutal as we've seen.