gold stocks being sold off

Inc rant:

I find it ridiculous that given we are in a banking solvency and currency crisis, that gold stocks should be hit the hardest so far today.

We have aussie banks down a bit over 1% whilst RMS is down 7.5%.

The prospects for the banks is terrible. They have liquidity issues and an unstable property market, combined with a deleveraging credit system.

The prospects for RMS is bright as ever. Growing production, reduced input costs, Aussie gold sitting firm at $1,780, no other viable safe haven currency than gold (short-term move to treasuries etc is short-term with rates at 0%).

I realise that markets do what markets do. But days like this make me wonder how much attention is paid to the facts.

End rant.