"It is time to see just how much WWIII is priced into this...

"It is time to see just how much WWIII is priced into this market. WSJ reports that the Koreas may have just crossed the line:"North Korea fired artillery at South Korea's Yeonpyeong island in the Yellow Sea off the countries' west coast Tuesday afternoon, setting houses on fire. South Korea returned fire, according to residents on the island speaking on South Korea's YTN television network"

Yen goes parabolic on the news:


http://www.zerohedge.com/article/north-korea-attacks-south-korea-yellow-sea-island-south-korea-highest-non-wartime-alert-resp?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29