Video: South Korean parliament descends into mass brawl

From earlier today - South Korea's politicians build a furniture blockade as the government pushed through the 2011 budget.

More detail on what went down...

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[DailyBail]

BEIJING (Commodity Online): The Chinese appetite for gold continues unabated. Gold imports by China—the largest producer of the yellow metal in the world—is set to touch a record 260 tonnes for the year 2010, bullion dealers predicted on Thursday.

Already, the yellow metal import by China has increased five-fold for the last 10 months of 2010. By the end of November 30, the Chinese gold imports stood at 209 tonnes. In 2009, China had imported just 45 tonnes of gold, compared to the massive 350 tonnes of gold that rival India had imported in the same year. India is currently the largest gold importer and consumer in the world.

http://www.commodityonline.com/news/china-gold-imports-to-touch-260-tonnes-in-2010-34352-3-1.html

[DailyBail]

U.S. Homes to Lose $1.7 Trillion in Value This Year: Report

http://www.dsnews.com/articles/us-homes-to-lose-17-trillion-in-value-this-year-report-2010-12-08

[DailyBail]

U.S. May Have `Problem' Meeting Surging Global Demand for Wheat, UN Says

http://www.activistpost.com/2010/12/us-may-have-problem-meeting-surging.html

[S. Gompers]

"U.S. May Have `Problem' Meeting Surging Global Demand for Wheat, UN Says"

As I explained weeks ago, surging prices means less crop yield, while prices make up some of the loss of yield for farmers, the real pain will be felt in belly's of hungry masses.