This Could Work Out WellThe market was way overbought. It had nothing to do with interest rates. In the 80's interest rates were above 10% and the markets performed great. You could have made good money in either stocks or bonds. It doesn't have to be one or the other. Clipping off 2000-3000 points, without triggering a crash is probably the best possible outcome. Mining companies require steady global economic growth to support strong metals prices. Having stock indexes go berserk doesn't help our cause. If the broader market stabilizes and then consolidates, while American and global growth continues to remain strong, then from a mining perspective, that's the best of both world's.