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« 1001 Reasons to Own Gold | Main | IMF Gold Sales »

Peter Grandich’s $50,000 Challenge to the Bears

Peter Grandich.JPG
Peter Grandich

George Soros.JPG
George Soros

Jon Nadler.JPG
Jon Nadler

This has just been posted by Peter Grandich at 11:10 PM on Wednesday, February 17th, 2010

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. It’s 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.


Please send us your opinion on the above especially if you have a 'feeling' that one of the above mentioned bears will rise to the challenge.

Footnote: Last night we met up with Doug Casey and Rick Rule in a nice cafe/bar in the center of the universe, Auckland, New Zealand, will post shortly so keep an eye.

All the best.

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Reader Comments (2)

How about having a poll. I'm with the bulls to $1200.

February 19, 2010 | Unregistered CommenterRyszard

Good idea - we'll give it a shot.

February 19, 2010 | Unregistered CommenterGold Prices

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