After “Fat Finger” “Muppet” Crash, Goldman Says Gold Is Good Hedge For Equities

Thanks to Monday morning's "fat finger" (or "nefarious attempt to manipulate markets," depending on how predisposed you are to conspiracy theories) that saw gold plunge $18 in seconds on surging volume (18k contracts in a one-minute window) for no apparent reason, everyone's favorite shiny yellow doorstop is the market's topic du jour. "Trade shot up to 1.8 million ounces of gold in just a minute, a level not reached even with the surprise election of U.S. President Donald Trump or Britain’s