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To: Gondring

I have wondered about that. It seems, based on what I have read, and your information about this Act, that the way to make a real profit on these is to buy a bunch right before an announced rate hike, then resell them immediately.
I wonder if this article was written by someone here:
http://shop.ebay.com/?_from=R40&_trksid=p5197.m570.l1313&_nkw=forever+stamp&_sacat=See-All-Categories

Nothing really prevents a default on these, so I would not want to by thousands of dollars worth.

Happy New Year


48 posted on 01/01/2011 12:15:39 PM PST by Apogee
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To: Apogee
But why spend $9.99 on ebay for $8.80 of stamps

buy a bunch right before an announced rate hike, then resell them immediately.

If you find buyers...will they be redeemable at the new rate? I doubt it.

50 posted on 01/01/2011 12:30:27 PM PST by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
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