There's clearly a few things going on here at once. While SBM...

There's clearly a few things going on here at once. While SBM was eviscerated today, particularly in the last hour, it's worthwhile remembering that only one gold miner (NCM) actually closed up today, with the rest giving up all of their intraday gains and finishing in the red. That's with gold up (in AUD terms, in USD terms it's now slightly down for the day). Really difficult to get a read on how gold and, in particular, gold mining equities are going to trade through this, at least in the short term. Medium-long term, interest rate cuts and QE will surely be positives (even, hopefully, for SBM!)

Anyone have a prediction for where gold and the GDX will be when we wake up tomorrow, after the inevitable Northern Hemisphere trading carnage?