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  #34  
Old 01-25-2021, 04:53 PM
Oscar_Stanage Oscar_Stanage is offline
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Join Date: Aug 2020
Location: NJ
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my 2 cents is this all has to do with the Fed pinning interest rates to zero and keeping them there for the foreseeable future. This is driving a ton of money into all types of investments, each riskier than the next. cards, like art have become an investment to many.
$3k for a PR green cobb is no more crazy than $900 for Tesla stock or 3 times whatever SPAC XYX was worth the day before.
while many are struggling, many more are flush with cash and being purposely pushed out the risk spectrum by the Fed.
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