Dump the dollar! Buy gold! – Chris Pia, a master trader and Moore Capital alumnus, explains the market.

This article shows that even without the massive underlying catalyst that the unwinding of the long term gold supression scheme portends for Gold, more of the best investment stratgists are reading the tea leaves of gold on the basic market fundemtals.   While they are greatly underestimating the move that silver and gold will make in my opinion, they are unto the scent.

Here is an excerpt from this excellent article: Dump the dollar! Buy gold!

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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."…"

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