Last night, the entire financial market witnessed a massive crash.

Gold dropped 8.2%, with the market capitalization evaporating by nearly 3,000 billion USD.

Silver plummeted 12.2%, wiping out about 760 billion USD in market capitalization.

The S&P 500 lost 1.23%, equivalent to 780 billion USD being erased.

Nasdaq fell more than 2.5%, taking away about 760 billion USD in market capitalization.

In just one hour, thousands of billion USD disappeared. Does anyone know the reason?