Worried?

This seems ominous, particularly if you happen to live anywhere near an Iranian government building.

LONDON, Nov. 6, 2007 (Thomson Financial delivered by Newstex) -- Gold hit its highest level since January 1980, as wider economic stress prompted safe haven buying, the dollar hit another record low against the euro and high oil prices stoked inflation jitters.

Those who decide why markets go up or down are saying it's more fallout from the subprime lending disaster, but nothing makes gold and oil look better than an imminent third front in the war against people whose language we don't understand.