The Giant English Market Thread

[Cerulean]

@rainbow

@Cerulean

Well yeah obviously lol. I don’t think anyone assumed that the virus itself would cause a dip in prices.

I do agree that quarantine could have boosted prices, but it’s also important to keep in mind that prices were rising before COVID even hit. There was significant movement in PSA 9 1st Ed. WOTC holos, for example.

Again, do I think some cards will retrace? Yes. Like I said: there are some obvious offenders. Do I know for sure what prices are going to do? No. No one does. But do I think the market is in a good place and will continue to flourish overall? Absolutely.

You assumed the stated correlation was to covid and not the recession. Saying it was really funny that people said the market would suffer in the short term, alluding to now, as if it was already over. They were suggesting that the short term would be in reaction to the recession. I don’t think your interpretation was accurate.

You also said quarantine Could have boosted prices*.* I think it’s pretty clear. Did you see my other post? Prices and sales were very subdued in the lead up to covid, compared to 2018.
You are right no-one knows the future. So why laugh at those willing to discuss possible outcomes, instead of getting into the echo chamber, or joining a circle jerk. Since you can’t know the future, you can’t really gloat about being on any particular side of it, right?
If people become too afraid to view or share alternative views or concerns, then they become blind to both opportunities and risks. How about we all stay grounded?

No; I did not “assume it was due to COVID.” The recession is BECAUSE of COVID, hence me saying “because of COVID.” This is just you trying to make something out of nothing.

Yes, it was funny, because that is exactly what happened. People assumed prices would plummet in the short term. Instead, they rose. Is it over? No. Can prices dip? Yes. But that is not what we are seeing right now. Literally no one expected prices to double, triple and even quadruple in some cases.

You are also entirely wrong that prices were subdued leading up to COVID. They were growing at the tail end of 2019 and into 2020. Quarantine only assisted the growth; it was not the primary factor. Your other post mentions the first case of COVID, which occurred in January when in fact quarantine did not even begin until mid-to-late March. So yeah. Your “analysis” was wrong. A link to another thread in October 2019 about a price spike was even provided in your thread: www.elitefourum.com/t/recent-price-surges-for-psa-10-1st-edition-jungle-fossil/24440/1

It’s also not “gloating”; it’s telling people to actually look at the evidence and to stop backtracking when things change. Even if no one knows, some outcomes are more likely than others. The market crashing is unlikely.