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Old 09-29-2007, 09:26 PM
kyleb kyleb is offline
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Join Date: Sep 2004
Location: the death of baseball
Posts: 10,765
Default Re: Gold and Credit Cards (noob question)

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Gold has more than doubled in the last 6 years and NOW you want to leverage in?

Buy low, sell high.


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Buy high, sell higher is also a viable strategy.

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But not nearly as profitable...and worthy of the risk.

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How do you know that gold is not still undervalued? Just because it has doubled in six years?
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