Hi Sedar... um, I mean Cedar! (BTW, still can't find the %$*%&# report!)

I think gold will be worth having, and who knows, maybe it will go on a run to $2000, but I am not holding my breath. If I'd have cashed inall my stocks last New Yrs and bought gold, I'd be further ahead (or less far behind) now.

Almost all futures markets are averaged out on paper and the commodity is rarely delivered. I think some people got a bit fooled by the whole workings of the system. Perhaps a case of a little information being dangerous. I get a bit suspicious of people who say things like "gold went to __ in __ (yr) and when you compare that to (inflation, US Dollar, oil, etc) then gold could be worth...whatever. Most times they pull the most extreme prices out and try to pass that off as the norm.

I am more interested in where KXL is going.

Cheers!