John Melloy was the executive producer of CNBC's "Fast Money" and the "Fast Money Halftime Report" until October 2013. Before returning to CNBC, he was chief executive officer of StockTwits.com, the leading social networking platform for stocks. He began his career at Bloomberg News in 1999 and rose to team leader of U.S. stock market coverage there before leaving for CNBC in 2006 to launch "Fast Money."
The latest selloff in gold was right up there with the stock-market crash of 1987 as scary market events go. And if investors don't get some answers, it may continue.
As the S&P 500 surged to a record close last month, retail investors cashed in high fliers and snapped up securities with hefty dividend yields, according to TD Ameritrade.