Steps:
- Combine sugar and water in non-aluminum saucepan. Boil until sugar is dissolved and syrup is clear. Boil over high heat 2 minutes until light caramel color. Standing back, pour in the red wine. The syrup will erupt and seethe. Once the mixture has calmed down, stir in the olive oil, wine vinegar, salt and pepper. Boil marinade uncovered for 2 minutes. Add onions. Cover and simmer 10-15 minutes. Remove from heat, add balsamic vinegar and cool. Refrigerate at least 3 days before serving.
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