Ok, all you gold standard fans, this is what it would be like, only here, KXL is gold, SGX is the dollar.

Seriously, they should track similar as SGX is an area play, so a good light on one should be a good light on the other, right? I would expect very little correlation between KXL and G or ABX, as KXL has never produced an ounce of gold. SGX and KXL are both explorers looking for the same thing in the same place. OK, KXL has other irons in the fire (don't know SGX story very well), and more land, hence the higher price. I did my very intricate technical analysis which consists of printing the 2 charts off chartsmart, holding them together and looking at the light, and found while they are very similar, there are times they decouple. In early June, KXL broke away higher, rejoining in August, where it has practically mirrored SGX movements (or the other way). Interesting that SGX broke support one day early last Jan., and if a tech crazy KXL investor took that as a sell signal, he would have sold at an opportune time. They both start at the same point on my chart in mid nov '07, and end the same place in Jan '09, about 20% of where they started. That is very close tracking. I guess by this analysis, I should be hoping SGX hits $10 as that would mean kxl would be...

Cheers to all!