resources plunges the most since 2009

Commodity futures smashed; Silver was down 12%, and lost 28% this week.

Crude oil shed 11% at one point; closed down 9% while NY crude contract was below $99 and heating Oil lost 10%

Soft commodities and grains all down about 2%-3%

The dollar strengthened as Treasuries provided a safe haven for worried investors with the 10 year cash paper yield falling 5 points to 3.17 per cent.

But AUD continued to retreat and is now back $1.0589 [now 1.06215] compared with $1.0748 late yesterday.

Reuters.