Aside from the fact that it is limited, no president is going to squander all the reserve for short-term price pressure, since it was built for serious strategic security purposes.

FORBES: Presidents CAN lower gasoline prices

Foaming asset prices are reviving the debate about whether the Federal Reserve should raise interest rates to cool down asset-price inflation.

ECONOMIST: The American economy

The Federal Reserve was obliging rule-based behavior that probably included making the price of gold a primary determinant in monetary policy.

FORBES: The Modern Cycle Of Economic Boom And Bust

President Bush could help to once and for all pop the oil-price bubble by selling oil from the Strategic Petroleum Reserve on a more regular basis.

FORBES: Let the People Do It

Despite determined efforts by the auctioneer, Henry Wyndham, it raised just one lacklustre bid at the reserve price, selling to Franck Giraud, a New York-based dealer.

ECONOMIST: Art sales

Of course, there's one sure-fire way to slow the price surge: The Federal Reserve could prop up the dollar, oil's currency.

FORBES: Washington And Oil: First Do No Harm

Core inflation--a measure closely watched by the Reserve Bank of India--eased to its lowest in about three years, reassuring observers that price pressures are indeed in a downtrend.

WSJ: India Inflation Picks Up

But core inflation--a measure closely watched by the Reserve Bank of India--eased to its lowest in about three years, reassuring observers that price pressures are in a downtrend, and adding to impetus for a rate cut.

WSJ: Indian Shares End Higher

And inflation worries sparked by the Federal Reserve's stimulus program have ebbed, disappointing some investors who bought gold as a hedge against broad-based price increases.

WSJ: Gold Plummets to Two-Year Low