There is an obvious but still relatively select 'flight to safety' occurring as a forward looking group of investors flees the equity markets, seeking the safe havens of the precious metals, harder currencies, and government bonds. When and if a 'rush to safety' occurs the resulting impact might be terrific.
Where this will go I cannot say. But say what you will, that is what is happening now as reflected in the markets.
Most commentary that I have read about this flight to safety in the mainstream is naive, quite often spin, and too frequently bordering on slogans, ideology, and the idiotic.
