Curious What Just Took Down Gold?
Gold just slid by almost $10 in the span of a few minutes, starting at 2:40 pm.
Curious why? Here is what took it down. From 2:38 pm.
And that, ladies and gentlemen, is an idiot market, driven solely by headline scouring algos.
Why, if one really wanted to crash the market, one could just tweet "Bernanke resigns" and the S&P would be down by 50% in the next millisecond...