Got ugly in a hurry. London dumping us hard.
USD down 1/3%, but rates still only up 4 bips. Looks like an outsized hit on the metals. Shares following weakly.
Bitcoin really tanking too, down $1,200. SM has doubled it’s losses premarket.
No clue where this will bottom out. $1950 is first stop and looks sure to arrive. HUI will no doubt be back in the 250-265 band,