Graph of total US credit card debt, notice the spike over the last few months?

submitted by magnora7 from lendingtree.com

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[–]Musky 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

Which is used to back deposits at banks.... it is highly troubling, although also why I'm betting on banking stocks.

[–]Alphix 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

Wait, no, bet AGAINST them. Or bet against the USD by buying gold and silver!

[–]Musky 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I have gold and silver investments as well. It's smart to diversify, hedge your bets.