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And yet history tells us cards can sometimes explode during a recession.,
The hobby boom of the late 1970's-81 was during a recession The mega hobby boom of 1987-93 came with the recession along the way Now the market did soften significantly during the economic issues of 2007-2011 or so So I think things depend on other factors. This market has changed so much that we can guess but that's all we can do Rich
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Buying Cobb, Ruth, Wagner, is like buying coastal property. They're not making anymore of it so if you can get in at any point get in, you won't be disappointed.
The days of cheap money and frivolous spending are coming to an end and there will be a lot of folks holding their "modern junk" in their hands. The Fanatics/NFT crowd will go the way of SPAC's, shits going to get real for the general public. Older folks here remember what a monster inflation is and it's affects to a lot of folks. The UMC/MC will pull back from the market in a big way, and lets face it, those are the two most important classes to the collectibles market. |
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Read my blog; it will make all your dreams come true. https://adamstevenwarshaw.substack.com/ Or not... Last edited by Exhibitman; 04-09-2022 at 06:00 PM. |
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