In terms of point gains today the Dow Jones Industrial Average had its greatest one-day market move in history. This move also took the record for the most significant daily percentage gain since March 2009.

Even with gold prices lower today, my belief is that we will see prices advance towards the end of the year, which will be followed by very respectable gains in 2019.

Today market participants witnessed a continuation of the tremendous selling pressure in U.S. equities, as well as a real and respectable surge in gold pricing. However, the vast majority of today’s selling pressure in U.S.