I agree, but I've been saying that for months.  I think there's a reasonably good chance that the whole sector now takes a final, absurd crash finally flush everybody out.  I was worried again about how flat the $hui:$gold ratio was, but the really long trend from 2000 had held until now.  No reason for the sector-wide selling, just nobody wants to own gold stocks.   The selling's way overdone, but there must be widespread margin calls happening now, feeding even more selling (not in VTR, but broadly) just generating even more pessimism.  The good news I would say is that a big spike down at these low levels in a fear/margin-induced panic binge will set up the big rebound.