Quote:
Originally Posted by swarmee
As with what's going on with GameStop, the current values are becoming "untethered from the underlying fundamentals," IMO. All the cook groups manipulating prices over the summer seem to just be the start of this. The government keeps printing free money, and people keep sticking into riskier and riskier investments since the regular investments aren't paying out.
And since groups of people are controlling the small investment schemes and driving them "to the moon" by HODLing, then cash out and have more and more funds to spread to other investments to repeat the cycle.
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I am not familiar with that term, what does it mean?
I'm not sure there are fundamentals with baseball cards...
If this continues for a few more auction cycles I am going to sell my collection and pay off my house. If not, f***it, I will just enjoy my cards and pay the mortgage.