[Exhibitman]

Originally Posted by joshuanip

Very few can have a Van Gogh, so others look for alternatives like Banksy or Pollock. So you can be in a situation where you have a paradigm shift in how we view card prices, thanks to TINA asset price reflation. When Ruth’s get priced out, people will turn to Gehrig... or Mays/Aaron for Mantle. And trickle down.

One thing about price momentum... can go on for a very long time, especially if the fed makes it so there are no longer any economic cycles to create forced sales and temper pricing. Add in the fact that you see inflation expectations finally inflecting, and you know that nominal rates are capped (fed + you can’t raise rates at these debt levels else you bankrupt us), reflecting compression into negative real rates, and you get an explosion in the price of non yielding alternative stores of value, like art, cards, gold and Bitcoin.

I dunno what most of that means but Babe Ruth cards are fun!