Dump the dollar! Buy gold!
November 28, 2009 · Filed Under Uncategorized · Comment
Gold: To $1,300+ an ounce
Pia now sees gold as a smart play during both market crises and booms when investors think stocks are overvalued. Other drivers include central banks’ decreasing their dollars as a reserve currency in favor of bullion (as India did in early November), and gold’s populist appeal: “Joe Investor understands gold much better than, say, IBM stock.”
http://money.cnn.com/2009/11/23/pf/dollar_gold.fortune/index.htm