Bernanke Employs Modified 'Pump & Dump'

Gold is not money, according to Federal Reserve Chairman Bernanke. When pressed on the subject, he demurred that banks, including, I presume, central banks, continue to hold gold due to nothing more than "tradition". Thus, he feels there is a vast difference between dollars and gold. It is curious word for him to choose because Mr. Bernanke is actually correct, but probably not in the way he intended with his unspoken pejorative connotation, politely dismissing any value for the precious metal.