Posted By:
identify7I don't know, Tony. Cards have increased in value in the eighties way faster than they are now. From that perspective, I think that Hal is right.
That is, so long as you are not purchasing cards with money which is important to you, unless you understand everything that is involved.
For me, if cards dropped in value 90% tomorrow that would be good news. Because I could buy many, many more. But that is not such good news if you get caught holding cards which you had planned to sell, or if you had cash which you need for other things tied up in them.
"I see nothing in the present situation that is either menacing or warrants pessimism... I have every confidence that there will be a revival of activity in the spring, and that during this coming year the country will make steady progress."
- Andrew W. Mellon, U.S. Secretary of the Treasury December 31, 1929
"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S."
- President F.D. Roosevelt, 1933