Hackers hijacked the Twitter account of the Associated Press and released a crude tweet about explosions at the White House and President Obama being injured. The "news" never made it to Main Street but lived in the universe of the stock market for about four minutes, wreaking swift destruction and revealing the soft underbelly with respect to confidence in the rally.
The only people that make serious money in commodities trading are the brokers. They pocket hefty commissions from clients that speculate on gold, wheat, oil, cattle, lumber and even coffee. But that gravy train is ending.
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