Stocks dumped with some downward conviction from the overnight, but managed to catch a bounce off the bottom in the late afternoon. 

I am not sure why except that it was well overdue.

Perhaps there are some thing happening behind the scenery.

Gold and silver rocketed high, with gold futures tapping $3600 late in the day.

Silver made a good show of it as well, touching $42.

I remember well when silver was at $4.50, and no one would believe it would even crack $10.  

I had a friend in Texas, who had accumulated quite the silver hoard over time. He liquidated everything at $15. He thought it was done.

I said we were going to $50. 

And this was not all that long ago.

VIX rebounded up to its 200 DMA.

Uncle Buck made a good showing as well.

It looked like a bit of a 'flight to safety'.

Have a pleasant evening. 

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