It doesn’t take much to rev up the imaginations of South Korean day traders. And when rumors were fanned that a ship carrying $132.5 billion of gold had been found off the country’s coast, minds started to race. Regulators are suggesting that people get a grip. Here’s what’s known. British newspaper the Telegraph and local media reported that a salvage team discovered the Russian Imperial Navy cruiser Dmitri Donskoi. The warship sank off the island Ulleungdo 113 years ago, rumored to be carrying 200 tons of gold, the Telegraph said. It’s not totally clear why, but a handful of stocks seemed to move on the report. ... (full story)