I guess every country's leader will come out to calm the market. Fundamental is still good, will not be affected by USA and bla bla bla. But don't believe what they said. Why? Let's analysis the different scenarios:
- If the market is good, nobody needs to say anything. Everyone will know it.
- If the market is bad and if the leaders say that it is bad, everyone will panic and the market crashes to almost zero instantly. This is something we don't want to happen.
- If the market is bad and if the leaders say that the market fundamental it is still strong, some will still believe the words, some will not. Some sell, some buy. The market may drive lower or it may go higher.
I think that there will be no safe place to put your investment in this climate. Even gold looks vulnerable now. Remember that everyone is deleveraging. I think that some hedge funds may be selling gold to raise cash. This is the last commodity that has not crash yet. Gold going to 700 or 550 is possible based on the chart.