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Thursday, March 28, 2024

Liquidation? Gold, Silver, Bonds, & Bitcoin Dumped As Dollar & VIX Spike

Courtesy of ZeroHedge View original post here.

If we didn't know better we would suggest that today's stock market puke was reflexively driving a desperate rush for liquidity as the dollar spikes higher as bonds (barely moving despite the massive puke), bullion (gold and silver slammed), Bitcoin (a recent favorite hiding place) are all exhibiting signs of liquidation…

Since the open, stocks are being dumped…

VIX topped 40…

Bitcoin is back below $13000…

Bullion is puking (gold

…and silver

And bonds are also being sold along with stocks…

And all of that is driving the dollar higher…

"I love the smell of liquidation and margin calls in the morning"

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