Black Swan morning 24/11/2010

Nassim Taleb's Black Swan flew over markets last night after news of the Korean conflict occurred.

It always seems to happen when the markets are down on their knees.

But - it only delays the inevitable rebound to the upside.

In the meantime, the Gold ETF will be the beneficiary. Gold in Ozzie Dollars was up strongly last night in the U.S., +2.46%.

Swings and roundabouts.

Black Swans come and go.

Cheers

Red