Will this stock market madness affect cards?

[Brian Van Horn]

This should cheer you up:

https://www.yahoo.com/news/stock-mar...220900734.html

[Dpeck100]

Originally Posted by Brian Van Horn

This should cheer you up:

https://www.yahoo.com/news/stock-mar...220900734.html

Roubini was a one hit wonder. He has been wrong for 11 years in a row. Maybe he will get it right again but he has been spinning this same record the entire time.

Edit: Haha. I can't believe what I just read. He has lost it. By the way he is an eccentric guy with molds of vagina's in his New York apartment. His presidential prediction is based on hope and not reality.

[Johnny630]

No

[JustinD]

Temporarily- unquestionably yes

[mintacular]

I think GaryV's assumption about "sneaker heads" entering the market is just that, and ASSumption. Sure, I bet he talked to a few bro's who are new to the new market but that's probably mostly anecdotal........ To extrapolate that an army of non-card guys are now buying big $ cards is more speculation than anything..... As for the market, yes, bad economic times results in greater supply and therefore lower prices. And of course lower demand as many buyers are not in the mood to stockpile their PC

[Dpeck100]

Originally Posted by mintacular

I think GaryV's assumption about "sneaker heads" entering the market is just that, and ASSumption. Sure, I bet he talked to a few bro's who might not otherwise buy cards that are now doing so.... But to extrapolate that a ton of non-card guys are now buying cards is more speculation than anything..... As for the market, yes, bad economic times results in greater supply and therefore lower prices. And of course lower demand as many buyers are not in the mood to stockpile their PC

You should read his Twitter. This isn't speculation. They worship him.

[mintacular]

Well, watch out. High end basketball card guy spending half a mill on an altered MJ insert will end up holding the bag, charlatans like GaryV come and go, in a few years he will be a footnote in the hobby