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James Turk: Wealth destruction now is inflationary

Section: Daily Dispatches

2p ET Wednesday, October 1, 2008

Dear Friend of GATA and Gold:

Goldmoney founder, Freemarket Gold & Money Report editor, and GATA consultant James Turk today explains why he thinks the wealth destruction now under way will be inflationary rather than deflationary, as it was back in the 1930s. Turk's analysis is headlined "We Are in the 6th Inning" and you can find it in the "Founder's Commentary" section in the third column of the GoldMoney home page here:

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

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