Justice Litle: Is gold on 'deflationary death watch'?


7:30p ET Friday, March 13, 2009

Dear Friend of GATA and Gold:

Justice Litle, editorial director for Taipan Publishing Group, today has posted a wonderfully entertaining essay disputing arguments that the current deflation will drag gold down to around $200. Litle sees huge demand for gold as crisis insurance and insurance against the fabulously inflationary policies about to be adopted by central banks. Litle's essay is headlined "Is Gold on "Deflationary Death Watch'?" and you can find it at the Taipan site here:


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

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