"the state of the union doesn't matter"

I beg to differ... it impacts investor sentiment which impacts trade vol which impacts share price....

Gold > $1000 would also encourage a lot more investors to look at high quality gold juniors...

So... IMHO "the state of the union does matter".... in fact, ever since the credit crisis started last summer... everything matters. We can no longer invest in silos... in a bear market, everything impacts everything else as traders/investors jump around from one investment to another -> across sectors -> just to make a few bucks.

Patience... long and strong on KXL will win the day.

m.z.