View Single Post
  #41  
Old 10-29-2024, 10:30 PM
Balticfox's Avatar
Balticfox Balticfox is offline
V@idotas J0nynas
 
Join Date: Jan 2023
Location: Toronto
Posts: 1,150
Default

Quote:
Originally Posted by bcbgcbrcb View Post
Focusing on the blue chip cards for post-war from mid-2021 to today:

Mantle RC down
Mays RC down
Aaron RC down
Clemente RC down
Koufax RC down
Jackie RC down
Musial RC down

That’s a clean sweep, 7 for 7, all down and I believe these are the biggest 7 names of the post-war era. So, my question is now, if you hold on to these long enough, you will reach the black eventually or never again reach those heights?
"Never" is a long time. How long it takes for those cards to "get back" to those peak prices may therefore be largely a function of how quickly the government debases the currency. We're not on any gold standard (or even a less formal silver standard) anymore.

__________________
That government governs best that governs least.
Reply With Quote