Omnious sign in market?

[raulus]

Originally Posted by sreader3

In the 2000s prices for generic T206 PSA 6 commons rose steadily from $100 to $200. Then prices went crazy around 2006 and doubled to $400 by late 2007. Pop goes the bubble. Prices sank back to about $200 by 2009. But they never went back to $100.

I expect something similar to happen this time, except due to inflation the floor is probably $250-300.

I think all of us still in the acquisition phase would be ticked pink if prices settled back down to about 25-50% higher than pre-pandemic.

[sreader3]

Originally Posted by raulus

I think all of us still in the acquisition phase would be ticked pink if prices settled back down to about 25-50% higher than pre-pandemic.

If that’s your expectation then I think you may be tickled pink.

[raulus]

Originally Posted by sreader3

If that’s your expectation then I think you may be tickled pink.

Expectation would be a strong word for it. Hope? Definitely.

My fear is that it will keep raging at or above the current level.