Gold: "There's something wrong with our bloody ships today, Chatfield"

The quote is from Admiral David Beatty to his flag captain while watching 2200 of his sailors disintegrate at the Battle of Jutland. In comparison gold is only down $21.90 at $1265.50, less than 2%.

Although the December gold futures appear headed for the 2013 double-bottom (Jun; Dec) ~$1179, our target from 15 months ago, $875, might not be achievable in the four weeks remaining in our forecast timeframe.

I am counting on the reader to remember that despite the devastation Admiral Beatty was promoted, appointed First Sea Lord and granted an Earldom.
I'm jus' sayin'

From FinViz:

The easier call has been silver:
Aug. 15
Lines on Charts: Silver Is Poised To Break Lower
$19.530 down 0.376
Aug. 19 
Sell Silver
$19.400 last, down 23.5cents

$19.19 last.
More downside to come.