So the Chinese market corrected nearly 9%. It had risen well over 100% in a short time frame. So what!!
The US economy is rolling over, as expected. The US dollar will fall. Gold will rise substantially in price.
Nothing has changed so dramatically from one day to the next that it means the resources bull and the precious metals bulls are over. Far from it.
As the masses bail out smart investors will pick up the bargains. Or sit pat. They won't be bailing out.
Those who panic every time gold falls US$20 should maybe stay out of gold - permanently, because the odds are they will only end up losers - buy high/sell low.
