Isolate where the fluid is coming from. Put some fluid in it and watch for leaks. It's probably the pressure line if, as you say, fluid is everywhere. If it is a bad PS hose, and all the hoses look original, then I'd recommend replacing all of 'em while you're in there. It's been my experience that once one hose goes bad, the others are soon to follow if they're all the same age.

 

Could be a hose... but if your pump is going bad(the seal) it will look the same way.... fling fluid everywhere.

 

Check the pressure line for cracking, thats what happened to me after I had fixed the low pressure line which had not been tied down by the PO and had a hole burnt in it.
Cracked pressure line + hot manifolds = insane qantity of smoke