The markets are shocked, shocked that Intel didn't make much money last quarter.
PC sales have been flat and there's a price war going on between Intel and AMD. Which part of that equation did investors think added up to big, fat profits?
The dollar is sliding, partly due to the markets and partly due to war fears. That makes imports more expensive, which hurts consumers, since we buy a lot of cool stuff from abroad.
But don't worry too much. When foreigners start to get really jittery about the war, they'll be trading in their euros, yen, rubles, and rupees and whatnots for solid, US dollars. We're still the safest bet in a very dangerous world.
GOLD? Mebbe.
Up 10% (or so) in 2 months, off of a long saucer bottom.
SILVER? Mebbe
Up sharply the last 2 months despite broad & rapid growth of filmless photography, and flat charts in other industrial metals, e.g. Aluminum, Copper, Tin, Lead, & Zinc.
With a 5K year track record, it's fair to suppose that at least some nervous money is buying these, though it will be magnified by the hedge funds.