***Precious Metals Investors Club***

[White Cobra]

Middle East Seems Not to Move Gold

First of all, hello everyone and I hope you have been doing well. Personally, I could be doing better but such is life.

I found it interesting this week that the high unrest in the Middle East failed to really keep gold and silver prices high. It seems that "good" economic news, and an reported overbuying by China, has kept the demand a bit down.

This said, I have not checked into Cartel activity which is normally at the bottom of such things.

Where do you see the short-term move going? Most say downward.