Gold had an exceptional day, breaking the strong price declines gold had last week. Although it closed twenty dollars off of last night’s high of 1612.10, it still had managed to gain $23.50, with April gold closing at $1590.

Over this entire trading week analysts, traders and investors have remained bewildered not so much at the extent of the selloff, but analysts and investors were even more perplexed at the major selloff that occurred in gold in tandem with an asset class tha

The facts are clear. Even with one day still remaining in this trading week so far, the U.S. equities are on track for their worst week since the financial crisis of 2008. Today alone the Dow lost another 1,190 points, a drawdown of 4.42%.