Evening all,An analyst I've been following for years, a...

Evening all,

An analyst I've been following for years, a genleteman by the name of Peter Grandich, has just issued the following challenge to the Gold bears (makes me feel alot more comfortable with my gold related holdings):

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I will wager $50,000 U.S. Dollars that gold closes above $1,200 before below $1,000 basis the Comex spot price. I challenge gold perma bears like Kaplan, Nadler and Soros to be the first to put their money up where my mouth is.

I welcome any and all media to make this offer known. Its good for 48 hours from this post! This challenge was made at 11:10PM EST February 17, 2010

I urge followers to send this challenge to the media.

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His blog address is http://grandich.agoracom.com/

He also comments on political and religious issues, but predominantly on precious metals...and he's right alot more than he's been wrong. Only wished I listed to him a year or two ago...now I pay attention to his every word.

All the best.

SW