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Old 09-28-2007, 10:31 PM
kimchi kimchi is offline
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Join Date: May 2006
Location: FU minbet
Posts: 1,246
Default Re: Gold and Credit Cards (noob question)

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

Buy low, sell high.


[/ QUOTE ]

Buy high, sell higher is also a viable strategy.

To OP - don't borrow to buy a risky asset. Just park the money in high interest easy access cash accounts.
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