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.
Got a comment then please add it to this article, all opinions are welcome and appreciated.
For those interested in getting a bit more bang for your buck and adding a touch more excitement to your portfolio, then check out our Options Trading Service please click here.
To stay updated on our market commentary, which gold stocks we are buying and why, please subscribe to The Gold Prices Newsletter, completely FREE of charge. Simply click here and enter your email address.
For those readers who are also interested in the silver bull market that is currently unfolding, you may want to subscribe to our Free Silver Prices Newsletter.
For those readers who are also interested in the nuclear power sector you may want to subscribe to our Free Uranium Stocks Newsletter, just click here.