Yeah I do not believe in gold, sure its tangible and all that bs. If you cant ride out rough times then you shouldnt be investing in the stock market.
All these day/short term traders selling now is because it does look bad now, they would rather pull out now and invest elsewhere or just sit on the cash in the bank. If you arnt planning on selling in 30 years like me, it is a great time to buy now.
It is blatantly obvious on what to do just by looking at how the market opened up today. Short/term investors sold low, market went down 465, then smart money bought up all the bargain shares and got it back up. Those are the people that will be up in the future regardless of the current state.
Biggest bargain I see is SLB at around 74$ thats a steal.