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Peter Grant: Gold is a bargain, even above $1,000

Section: Daily Dispatches

4:35p ET Thursday, October 1, 2009

Dear Friend of GATA and Gold:

Peter Grant, senior metals analyst for Centennial Precious Metals/USAGold.com in Denver, shows with charts and data why gold is probably still cheap at around $1,000 per ounce. In doing so Grant quotes CNBC's recent interview with Jim Rickards of the consulting firm Omnis, to which GATA called your attention on Sunday:

http://www.gata.org/node/7835

Grant's analysis is headlined "Gold Is a Bargain, Even Above $1,000," and you can find it at USAGold here:

http://www.usagold.com/cpmforum/?p=173157

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

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