Dow Crashes, Gold Spikes

Dow Crashes, Gold Spikes

Today the Dow Jones Industrial Average crashed by nearly 1,000 points over several minutes before recovering. About 800 points of the drop occurred in about 5 minutes. Meanwhile, gold spiked over $1,200, closing at a near all-time high in United States dollars after setting all-time highs in Euros, Swiss franks, and British pounds. And just last week, the Wall Street Journal published an article about how market traders are now using video game processors to beat out their competition in a game of milliseconds.

The below is a June 2009 interview with Joe Saluzzi of Themis Trading. Pay close attention to the entire video…

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