US government Intervening in the Gold Market?

Is the US government was intervening in the gold market? US Rep. Ron Paul asked the Fed’s general counsel, Rep. Alan Grayson SLAMS Alvarez, whether the Fed has ever been involved in the gold market. Alvarez professed to have no expertise in the matter of intervention in the gold market.

Manipulating the price of gold in effect hides the true inflation rate of the dollar. Being a de facto currency, gold has historically been the benchmark to which all currencies are unofficially measured. With the massive quantities of U.S. dollars in circulation, by consistently lowering the value of gold, the banks can hide the gradual inflation that the dollar has been accumulating since the 1970′s. We will have a dear price to pay when all those treasury notes (IOUs) and dollars come back to our country someday.

There is something terribly wrong here. Be safe … buy gold and silver.                                                                                                 silver coins