With Opec not cutting this week and some potentially horrific numbers coming out and just the fact that we've had a five week run that has been pretty good.... well, I'd say there is a pretty good chance that gold will go down.

I'm frustrated with OPEC... Why wouldn't they cut? What about the other countries producing the other 60% of the worlds oil? Why do they continually rely on OPEC to do their bidding? Canada has been offered membership in OPEC but we'd never consider it... we're too high and mighty for that... all great except that most of Canada's reserves are not viable under $60 barrel. So rather than help maintain a balance in the oil supply, Canada would rather cling to someone else coat tails and then waste millions in investment as world supply overwhelms demand.