Second worse gap down in the history of the market. What do you make of this move?
It’s got to crash sometime.
Glen Beck’s sphincter just puckered, that’s what I make of it.
It seems the drop was caused by fears of deflation.
Just remember, every cloud has a silver lining. 
If you mean the actual dollar amount of the price drop was the second largest this year, then yes.
Nowhere close to a historical drop.
21 January 1980. London gold was $850 US/ounce.
22 January 1980. London gold closed at $737 US.
Deflation ain’t pretty. Get used to seeing it.
HI Samclem
According to what I heard on BLOOMBERG today this was the second biggest change between the open and close
Gold is sitting on a HUGE bubble right now. While I would not nessesarily run off and sell my Krugerrands,
I certainly wouldn’t buy any Gold in todays market.
Yes, this year. From the Wall Street Journal:
As sam says, nothing historical about it, just a market gyration. Or omen, whatever.