Commodity Market Crash, Part II

This is feeling very similar to last Thursday, as once again, commodities are getting killed, with nary a bid in sight.

Oil is in freefall. Its now below $99.

Silver has broken back below $36.

Gold is below $1500.

And of course, stocks are starting to get beaten, with the S&P down 1.3%.

Not surprisingly, Treasury yields are collapsing significantly.

Remember, last week’s selloff had hedge fund managers being take out in stretchers. No doubt we’re going to see a lot of follow-on pain today.

Here’s oil via FinViz: