Quote from article By Laura Mandaro and Virginia Harrison, MarketWatch SAN FRANCISCO (MarketWatch) Gold futures on Monday fell to their lowest in two weeks as concerns about French banks sparked a stock selloff and spurred investors to sell other assets to cover losses. Gold for December delivery GC1Z -2.23% was down $46.20, or 2.5%, at $1,813.30 an ounce on the Comex division of the New York Mercantile Exchange. Greece default fear hits stocks Charles Forelle and Paul Vigna describe the prolonged ripple effect of fears that Greece will go bust. (Photo: AFP/Getty Images) "Gold sell stops are being placed as asset managers need to raise cash to stem portfolio losses," wrote George Gero, vice president in global futures at RBC Capital Markets, in emailed comments. http://www.marketwatch.com/story/gold-futures-lower-as-dollar-strengthens-2011-09-11?Link=obinsite The above bolded sentence indicates what may happen to golds price in a real crash,imo. Then ,time to buy more.
