Across the board with TSX and Ventrue exchange down hard, HUI and gold down big. Of course only time will tell and we will only know when we see it in the rear view mirror.

Just a short side story. I know a broker who has a $3 million dollar margin call from over leveraging and today was "D" day. He is not a dumb person but got way over levered in this market. He was well aware that he shouldn't be leveraged like this as per Sinclair and others. He had hoped September would make things right and it may well do so but too late for him as it may be a couple of weeks before things gap back to a more reasonable level. The only good thing is he can afford it but it is painful nonetheless.

I have also heard that some hedge funds who lost 30% in July actually switched sides on the short financials and dollar trade and long commodities and didn't do as bad as some expecting for August. These same funds will soon start unwinding those trades and going long commodities and short financials/dollar again soon, maybe started already.