The US is definitely tanking.  It's been a slow motion crash for 6 years now.  The subprime overbuild is bigger than ever in history.

Gold is overdue for a breakout.  I've been dragging my feet, not yet buying gold ETF's, which I figure is the easier way to play gold.  You can also buy short-ETFs, betting against the US.

But KXL would be a good play in any market.  I think it would make sense at gold $500 and obviously gold $1000.

One maraschino cherry on top for KXL is that the big gold companies, Goldcorp, Yamana, Barrick are under pressure to greatly increase the volume of their mining activity.  So they will be sniffing around for exactly this kind of property.  I wonder if they're begun buying already.  Any insights??