Detailed text transcripts for TV channel - FOXNEWS - 20110804:20:06:00
David, thank you. so this is the latest. gold was rocketing and retreating and old made a dive. all that glitters was not gold. and now, scott on the good and bad and i guess more of the ugly. what happened? >>guest: well the play-by-play is this: we started off this morning with an orderly sell off in equities and it looked ugly coming off of europe and then once we decided that it was now a panic, everyone was taking the money off the table and they reduced themselves to cash so that is why when you see the market trade lower like gold did, that tells me as an outsider that it was a panic. i...