Thanks SD, luckily I saw the train coming, partly due to living through the 80’s. I’m a pretty conservative investor and have been pretty lucky investing in GLD and SLV in 2008. I’m up 55% and 112% respectively (wish I would have put alot more in at the time). I believe that the FED has run out of options and printing money is their only option now. Hyper inflation is coming, not sure when, but it’s inevitable. When that happens interest rates will skyrocket and housing will evaporate. Believe me, I was building houses in 1982, watching rates go up daily.
If I were to take a 5% loan,effective rate would be around 3.6% with the tax break, then get into 10-year treasury when rates are over 10%, I think it might work. Worse comes to worse and rates never go up, I could pay off the loan and be done with it. I’m sure there are risks, but I’m confident the financial mess will get much worse from here. What do you think?