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Grandich increases challenge to gold perma-bears

Section: Daily Dispatches

4p ET Friday, February 26, 2010

Dear Friend of GATA and Gold:

Agoracom market analyst Peter Grandich reports that he has doubled his $50,000 offer of a wager to gold perma-bears that gold's next milestone will be $1,200 and not $1,000. But with the bet now standing at $100,000, Grandich has gotten no takers. You can find Grandich's new challenge, headlined "Calling All Gold Perma-Bears," at Agoracom here:

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

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