Acknowledging the public's growing unease with the war and election-year skittishness among fellow Republicans the president nonetheless vowed to keep U.S. soldiers in the fight.
The uncertainty of that situation or the big down move in the Swiss franc may have prompted skittishness in the gold market, or produced some margin-related selling in gold.
The U.S. markets are not going rogue by rallying, the turmoil and skittishness that seemed to define world markets at times over the past few years seem to be fading.
Speculation about whether the Fed will keep the window open has only exacerbated concerns about the counterparty exposure of the big brokers and can perhaps explain the skittishness over Lehman Monday.
This was how the Irish banking system went into meltdown in 2010 and the precedents in Cyprus are likely to increase skittishness when banking problems rise to the fore again in other countries.