Quote:
Originally Posted by EvilKing00
no real value is true, as its not backed by gold (only thing that has value is cash).
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Cash isn't backed by gold either. In particular, as the US continues to print more and more money, the real purchasing power of the $ falls (other western countries are also printing money in vast quantities to deflate their own debt burdens).
That's why assets, whether it be gold or real estate or memorabilia, can potentially act as a useful hedge against inflation. However, the speculative nature of baseball cards as an investment, or any similar collectible, would certainly put it in the high risk category.