Canada's BNN interviews Agoracom's Peter Grandich on gold

Section:

10a CET Friday, November 6, 2009

Dear Friend of GATA and Gold:

Agoracom's market analyst Peter Grandich was interviewed about the gold market for a few minutes Thursday on Business News Network in Canada. Grandich remarked that there is little interest in gold in North America, particularly in the United States, and most of that interest is in disparaging gold. He noted that India's purchase of half the gold planned for sale by the International Monetary Fund had destroyed the big bogeyman scaring the gold market, that investment demand is replacing jewelry demand, and that demand for real gold in hand is replacing demand for paper promises of gold. You can watch the interview in two parts at the BNN Internet site here:

http://watch.bnn.ca/#clip231575

And here:

http://watch.bnn.ca/thursday/#clip231576

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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