Bigworld, >> miners get taken down with the rest of the market <<
Yes, that also happened to the miners during the 2008 and 2020 stock market meltdowns, with bullion dropping too, so neither were a good hedge in the short term. though they turned around fast during the recovery phase.
Btw, I picked up a little more SPY this morning to take advantage of the relative bargains, but am leery since a lot could happen over the weekend and next week. 'US bombs Iran' is a real possibility, but will depend on how far Netanyahu & Co can push things. Imo, Biden needs to tell Bibi to f**** off.
---