And so it begins....

At 10:36am local time (9:36pm ET Sunday), North Korea conducted its first nuclear missile test. I'm not a poli-sci student, so I'm not going to elaborate. Just to mention that gold prices will likely rise over the next week until the risk of war abates.

You can read all about the launch here:

http://www.cbc.ca/world/story/2006/10/08/korea-atomic.html
http://www.msnbc.msn.com/id/15190745/