My vote is that the big boys are pulling a massive head fake. Gold should be soaring now, but they have sufficient paper contract control to move the metals down by throwing the kitchen sink at them. They want capitulation and are getting it.
Do not watch your stocks today - My vote is that this is a head fake and we will actually see the metal reverse in the near future. The stocks will recover from a lower base point as many investors may choose not to get back in - and this may be their goal.