Quote:
Originally Posted by japhi
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.
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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.