Quote:
Originally Posted by duron
We both know the answer to that question, but I feel like they’re going to have to own up in the near future. You can only highlight outlier record sales for so long until even the most casual hobbyists realize the whole thing stinks in the sense that this isn’t some special area of investment.
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For sure. I’m not even down on cards as “investments”. I’m sure there will be cards that will appreciate.
Just wish when these stories come out they’d just lay out what CAUSED the explosion.
-Macroeconomic speculative environment (coming to an end for the time being).
-Leverage with the cards themselves
-Consignment instead of payment
We’ve lost 1 of the 3, so naturally cards are declining. If we lose one of the other 2 (and we will), cards will crater.