RE:gold priceGold was unable to escape the massive market sellout this week, which picked up on Thursday as US stocks posted their worst day since 1987. Gold fell victim to calls margin, because investors were forced to sell their positions in gold to cover losses elsewhere. I think margin calls and losses in other markets are pushing investors to look for cash and gold ends up being the liquid position they choose to withdraw from. The problem is that the market liquidation may be far from complete.