A Wild Day & Night For Stocks, Gold, Currencies & The Economy
This weekend might have left you wishing you were in semi-numismatic coins as the prices were wildly volatile. First ZeroHedge reported an uptick in the gold price of $190.
Then, when markets opened, metals tanked.
Silver moved down to $14 before rocketing to $16 and mellowing. Ultimately, silver rallied and was having the third best day among commonly traded assets kept by FinViz.
The USD has been wildly volatile was well through trading Sunday.
But it has not been the only currency.
Moody cuts its credit rating for Japan by one notch.
The Swiss Franc had mixed reactions.
As did the Euro
The Aussie dollar
Oil has plummeted.
The VIX Volatility Index won the day, while silver performed third best. Despite the huge swings, things seem to be normalizing somewhat right around where they were heading into the short trading day on Black Friday.
Bitcoin remained steady amid the gut-wrenching volatility, up from its latest low of $360.
It certainly was not a normal Sunday and Monday morning in the markets.