Outed cards, now including a 130K gain on an Aaron rookie

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#11

12-30-2019, 09:00 AM

japhi

Ma.tt Lan.dry

Join Date: Oct 2013

Posts: 183

Quote:

Originally Posted by Aquarian Sports Cards

Why?

Other asset classes have grown substantially. Markets are flush with cash. SP 500 for instance is up 28% this year alone. Dow has almost doubled in the past 3 years. I think the stagnation has a lot to do with price manipulation and FOMO
but that, to me anyways, reinforces how small the card market is. I think this fraud will have an impact - it won’t take many big buyers to pull back to have an impact. That, plus demographics plus the fact we are at the peak of an incredible debt fueled asset bubble don’t make me confident in long term card values.

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