Another prediction that gold will be used to reverse deflation


10:42a ET Thursday, December 4, 2008

Dear Friend of GATA and Gold:

A gold investor writing under the name James Conrad for whom no biographical information is provided has posted a fascinating essay at Seeking Alpha, speculating, as GATA and others have done recently, that the U.S. government soon will stop suppressing the price of gold and instead use a substantial upward revaluation of the monetary metal to devalue the dollar, reverse deflation, inflate crushing debts away, and revive economic activity around the world. Conrad's essay is headlined "The Manipulation of Gold Prices" and you can find it at Seeking Alpha here:

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

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