Quote:
Originally Posted by oldjudge
Peter-Prices can't go up if there isn't demand. The question is how long this level of demand will persist. There was plenty of demand for tulips until February 1637. Then there wasn't.
And for those who don't know the story:
https://m.youtube.com/watch?v=Zr3FcXeDZFc |
Jay we aren't talking about a market-wide phenomenon, we are talking about a tiny little elite corner where all it takes are two guys going after a single card (or one guy and the house
) to sustain very high prices. And I believe there are enough of a certain profile of collector that I can see the demand persisting.