Does anybody remember James Dines editor of the Dines Letter going way back to the late 60's? I was just briefing a book he published in about 1975 and all i can say is he rightly predicted the gold wave that peaked about 1980. While my understanding of this issue could use improvement, as a rule of thumb, high gold prices start to compete with the Fed's notes for what is money. So i can understand why it might want it suppressed, and be glad for JP Morgan, on a long leash, to work toward that. On the other hand, there are some smart folks who believe that gold is not the answer to what is money...or what it is that makes transactions ideally efficient. The idea of digital promises and credit-as-money issued by one individual to another (instead of a monopoly of bank issued credit-as-money) seems to have some merit.