Ben Bernanke's Views On Gold Are Rather Passe

Federal Reserve chairman Ben Bernankeâ??s big speech last week before the students at George Washington University didnâ??t necessarily start out to be a screed against the gold standard, but it sure turned out that way. For its first two-thirds, the speech was a folksy historical justification of central banking. But in the peroration, the end, and then the Q&A, almost against its better instincts, it devolved into gold-bashing. . .