Quote:
Originally Posted by Dpeck100
The point was simply if a seller who has over 8,000 active listings is to be avoided from watching you are missing the market. They get the best cards. The best cards drive the market.
I like to follow trading card auctions to see what is taking place in the hobby. There is no better seller to follow than PWCC to get a broad range of cards.
I went through my purchases today on EBAY and I have won seven cards from their auctions since January of 2018. I am very pleased with the buys and if someone wants to buy cards they simply can't just exclude them if they want to advance their collection.
There are a multitude of cards getting action right now and maybe these buyers haven't gotten the word that the market has collapsed or unemployment is set to explode. Maybe they don't care. I don't know the answer but you don't see a drought yet in cards.
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Well this thread is about the overall card market and price predictions, not PWCC. PWCC having lots of listings is not a data point. I would expect their listing to go UP in times like this. Similar to RE, lot of listings represents a buyers market.
And who cares if there is lots of action. There is lots of action in equity markets right now, volumes are historic. Would you agree then that equity markets are doing well?
I enjoy you as a poster here and on CU - optimism and supporting the hobby is a good thing. But we are going through a once in a lifetime event. PWCC’s own index ffs shows that broadly cards have been flat since 2016 and that was in the best of times - 4 percent UE, RE markets exploding and free money.
As a fellow guy in finance, what is your outlook for the economy and how does that dovetail with your outlook on cards? Who cares about PWCC, how do you feel cards will perform in 12-18% UE and negative 20% GDP? You can’t be one of the “this will pass soon” guys?