A. Gary Shilling is so confident of his forecast for eventual price
Instead of the traditional lyrics for "The 12 Days of Christmas," Mr.
Twelve steps to deflation
Are currently in place:
Defense spending dropping;
G-7 folks retiring;
More global sourcing;
Global glut increasing;
More market systems;
And the dollar's king of currencies.
With these 12 elements in place, Mr. Shilling says, a downturn in
Mr. Shilling, who is president of his own consulting and money