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Message: KXL SHARES OUTSTANDING?

Here is a good very short paragraph on what copper prices are doing vs. gold.

The bottom line is that gold is very cheap vs. copper, and the graph of the ratio between the two is a good forward indicator.

The current high copper / gold price is predictive of an economic trough, of short term rates being loosened, and of copper dropping to meet gold and/or gold rising to meet copper (vs. their historic ratios, I mean).

We hear from so many sides that gold is cheap, and I like this article because it addressed "compared to what?".

KXL SP is holding well, even though GDX has been falling. When GDX rises again (as it surely will), KXL will be riding a crest instead of paddling upstream.

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