If the financial markets were composed of cream, today’s action would’ve provided enough churning to turn them into butter. The volatility index has ramped up yet another notch as information overload and changing headlines have caused U.S.

Across a wide spectrum of the financial market’s traders experienced a true meltdown in pricing today. U.S. equities, gold and silver, as well as the U.S. dollar index all traded significantly lower today.

On Friday gold futures closed up in double digits with a net gain of over $20 on the day. This led to the only time we see gold prices gap extremely higher, or lower; the weekend.