[peanuts]

Originally Posted by joshuanip

Interesting that the consensus is that inflation is negative to card prices. Well it definitely adds to volatility, but longer term, cards are a store of value. IMO, as the value of the dollar diminish, demand staying equal, the underlying value of the cards will rise along with inflation.

Increased gas prices will affect elastic goods, like retail and eating out. But veblen goods like gold, cards, jewelry, even purses (dear god dont tell my wife), should retain their value and actually increase.

Cards are a store of value only as long as people remain interested in cards.
Should the inflationary pressure on budgets reach a point where people start distancing themselves from the hobby, and that trend is sustained, the thesis behind cards as an investment vehicle starts to show cracks.