7:22 am PST. The prospect of rate hikes at the Fed’s next meeting is weighing heavily on the gold and mining sector. Gold and mining stocks, especially took a nose dive and are still struggling right now. The close is going to be very important today on the miners.

Interestingly, TLT is still up.

Goldman Sachs is deciding whether to make a new high or not, as well as SPY. VXX is not making new lows.