Gold Points Worthy of Note

The Fed chairman seems to be troubled about gold and the dollar again. He seems to be signaling that he'll intervene although in another report President Bush says he doesn't support intervention. It has always been the position of this rag that a high gold price is in the best interest of America if it is used to pay off the national debt. But the fed wants to keep hammering the price down. Let's just see how long they can keep throwing money into this black hole before they start crying uncle.