Post
Topic
Board Economics
Re: 8/8/11 and the big "meh"
by
The_JMiner
on 09/08/2011, 02:18:52 UTC
I was expecting a meh day too, maybe a 200 point drop at most. This was absolute carnage and all the money ran straight into securities the very securities that S&P Downgraded. lol

It was a 'meh' day. At close, gold was up ~3.3%, silver rose ~1.8% and mining stocks were mostly flat (XAU -1.7%, GDX, GDXJ & HUI 0%).

Pretty dull IMO. I slept in Smiley

Yea I guess it depends where you are invested lol