Gold loses its luster

Gold was on tear for many months. Inflation worries were driving this move. Today both the Gold ETF and Gold miner ETF were taken to the cleaners. The Gold bugs are a stubborn lot, for most of them it is a life long passion, so they will not be deterred by this high volume move.
The market continues to cascade down. At this stage the selling is driven by fear and forced liquidation. The effort at end of day bounce was snuffed out with heavy selling.

Stocks with all time high volume

AOG,Aurora Oil & Gas Corp
CIB,Bancolombia Sa
CII,Capital & Income Strategies Fd
GDX,Market Vectors Gold Miners ETF
GLD,streetTRACKS Gold Shares ETF
GMXR,Gmx Resources Inc
MVK,Maverick Tube Corp
QRCP,Quest Resource Corp
TUES,Tuesday Morning Corp

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