View Single Post
  #1410  
Old 01-01-2020, 05:59 PM
buymycards's Avatar
buymycards buymycards is offline
Rick McQuillan
Member
 
Join Date: May 2009
Location: Wisconsin
Posts: 3,178
Default Whales

Quote:
Originally Posted by japhi View Post
My point was equities have been doing well the past 4 years. And yes stock prices are a joke, pe ratios are crazy high. Cheap money, etc. The fact that cards have stagnated in this environment - easy, cheap money - suggests we are at a peak. If money tightens up look out, and if some whales exit could be real ugly. JMHO.
Yes, that is true for the people who are spending $50k or more on PSA 10's and high end 52 Mantles. For 99% of collectors, we won't even notice it.
__________________
Rick McQuillan


T213-2 139 down 46 to go.
Reply With Quote