Posted By:
Gilbert MainesI hate doing a rain dance at parade time, but tell me that the following does not mirror 1929: Precious metals have doubled in the past year, the stock market is strong, home values are through the roof, and virtually every other indicator is positive.
How is your liquidity? How is your balance (i.e. if home prices drop 25%, or more, can you cover it?). Cards are a fun investment and collectable, until you tie up too much in them. Then they become a risk - which is less fun.