2010-11-23

Why a Korean flare up now?

Just over a week ago, I noted that social mood appeared to be turning negative in Down goes the euro.

We've had Ireland's debt crisis and a war of words in Europe, a growing revolt against the TSA in the U.S. right ahead of one of the (if not the) busiest travel day of the year, diplomatic shots about currency wars yet a rise in the U.S. dollar, even following QE2...and now another flare up on the Korean peninsula.

Here is the KOSPI in terms of gold.

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