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
