BROAD STOCK MARKET SELLOFF -- LOOK OUT BELOW

Look at what happened to Country Wide Financial.

Spot gold higher but gold stocks down-- the big news is today's stock market selloff which in turn drug gold stocks down.
Gold/XAU Ratio 4.38


Bill Gross, manager of the world's largest bond fund group, Pimco, said the subprime mortgage market's troubles are spreading to junk bonds.