While I was at lunch today, the DOW took a thousand point plunge, then recovered about 600 points within about 30 minutes. Meanwhile, gold was up over 2.5%. The stock market mechanism is broken and fraudulent due to HFT trading, front running, and a host of other reasons.
Google finance was showing 30,110 shares of Accenture stock (ACN) traded at 1 penny, while it closed at 41.09. Any system where this is normal is not a place to put hard earned money, or pension fund money.
MASSIVE SYSTEMIC FRAUD.
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