$3.90 valuation by GS updated, page-187

Babies and bath water. Some panic selling, some just building a war chest (could be the reason gold may not see a kick up in the near future but has to rise eventually) as there will be some bargains once this all washes through. Buy when the bad news stops or the market stops falling on bad news. I personally think this is just getting started. US closing boarders will give the green light for all to follow. International tourism will almost stop overnight. More margin calls more selling. Bitcoin crapping itself, I assume because it is a currency (high leverage available) that 99% of its investors struggle to understand what drives the price movement. It feels like a financial earthquake but no one knows how big and if the buildings are earthquake proof (I just hope the big banks have not overextended themselves).