Quote:
Originally Posted by japhi
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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I AGREE with Everything you have said above, except I do not consider graded cards a asset class. THE GRADED CARD MARKET HAS BEEN SEVERELY FALSELY MANIPULATED SINCE LATE 2013.......
It's way to top heavy for me to ever consider investing in.......Long Term I think Levels Go Back to Pre. 2013 Levels.