Several large leaps in logic getting to longer grading time. Higher raw sales means more raw listings generally. It also lowers incentives to grade. You are assuming that people will buy raw and grade and feel burned. This happens certainly, but with ebays overly liberal return policy there is plenty of time for inspection. I'd argue that some of what you are seeing is a lowering of premium on modern graded issues. If half of raw cards out of packs are grading at 10, there is low risk to buying raw. It could also be the sign of a healthy market paired with log grading waits. This shows high demand for the card. There are plenty of reasons to be wary or angry about the card market, but high raw sales seems a bit strange to worry about.
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