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Old 04-26-2022, 11:54 AM
Yoda Yoda is offline
Joh.n Spen.cer
 
Join Date: Oct 2015
Posts: 1,941
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IMO the US dollar is being debased due far too much liquidity in the system, due to Relief Programs and the like, bringing rising prices from a carton of milk to 1/2 a Honus. Now rising interest rates by the Fed will mean depressed bond and stagnant stock markets, while inflation will continue to soar. If people are now believing that sports cards are "admitted" assets in their personal finance plan, fine, but I hope folks aren't leveraging themselves to go after those Mike Trout shiny cards or Zion RCs. i believe there will be a day of reckoning for those and that is why I love my position in pre-War and 50's vintage. These cards may flatten when the correction comes, and it will, but I don't believe they will crater.
Oh, by the way, won a nice '48 Bowman Berra and a T06 Brown Washington variation with a Sovereign 350 back in REA's auction.
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