I listen to Warren Buffett and other financial masters and all say the dollar is plummeting and not to buy anyrhing big. I have been buying gold and silver. I have stopped buying cards for now except $20 and lower. There will be be more People selling and leaving the hobby so prices will drop for years to come. Be patient and down the road you will get any card you want far below todays prices.
@@JenniferMedina-bg1zbthey're gonna hafta go bankrupt on their star Jordan's to figure it out jen. But anybody who's been in the hobby longer than 5 years knows its coming.
Being a show dealer during the tech bubble and housing crisis. It was a buying spree at the prices I wanted to pay. Always treated my whales great, and they sold me so much back at huge discounts.
For vintage cards, low grade PSA’s are not the same. Price comparisons don’t apply due to eye appeal centered cards and inconsistent vintage grading, even though they are the same grade.
All cards will eventually go to zero, and the high value stuff will also drop in price as well. I only Like low to mid end cards since they can grow and if they do drop it’s no big deal. I’ll be buying less and more carefully.
Gold is up, Bitcoin is up, Stock market is up. Why invest in sports cards. Way more risk then this other stuff. It is also much harder to sell unless you do card shows or have a shop.
@@aihsports I am slowly getting out because I dont want to give stuff away. But at some point I will because I just don't want to deal with it anymore. I've been selling on Ebay for about 6 years now and the last year or two have been depressing. Everyone is forcing you to sell lower and lower. Its a race to the bottom. I have new 2023 prizm sparkles and a guy wants them for 100 when they are selling for 125-130. I told him i had to give up a bijan gold auto to get 3 packs.
Just getting back into the hobby. I feel good buying affordable stuff for the PC but as long as WNBA player cards are going for big money…I’ll know we’re still in a bubble. Talk to me when Caitlin Clark is in the dollar boxes
I’m confused when you say that economy isn’t reflected in the stock market. Our unemployment is extremely low and our job creation is strong. Our corporations are also having record profits
@@valenciafantv I was positive buying the stock market in Oct of 2022....but I'm negative for saying the economy is about to roll over? Make it make sense.
@@valenciafantv"job creation is strong"...."unemployment is low".......Because so many people are having to work multiple jobs to just afford gas in the tank and a bag or two a week of groceries thanks to bidenomics.
Were probably not going into a recession. The Stock Market is not in a blow off top right now- there is much more of a crash up in asset prices coming. And Irregardless isn't a word.
@@aihsports Do you think the stock market will come down once the Fed starts easing? Usually asset prices go up because it figures in the discount rate. There is a much higher likelihood of it popping higher before it comes back. Becareful with options.
@Michigan_Wolverine perhaps the S and P goes to 6200...however, the fundamentals are showing issues next yr and in 2026...I'm going to slowly buying longer dated put options...not short dated
@@aihsports The fundamentals have been showing an impending recession for years now. It is highly likely not going to happen this year and wont likely happen until the Fed stops an easy money policy that it seems that theyre ready to embark on. Yes- if you go out long enough, a recession is more likely than not, but that will be planned, not organic.
@@Michigan_Wolverine 800K jobs revision to the downside...that's not signs of a strong economy....what if there is a geopolitical event with Israel/Iran? What will the ramifications be? Not to mention the Commercial Real estate market showing weakness.
A PSA 8 rookie o/c for $300? PSA 7's sell for $4200-4400 and PSA 6's sell for $2600-3000 range where a PSA 8 o/c would fall, while a second year Gretzky in an 8 sell for around $300, so this comment is confusing.
in got a kobe card that is resesion proof. every day i wake up it just goes up in value. impossible to drop in value. there are some cards out there like that.
I just saw a beautiful Juan Soto 2016 bowman green go for only 6600 the other night. Such a disappointment. The guy is having a monster year. Why aren't dealers bidding these cards up. Apparently nobody has cash. When the top players in sports are not going up then we are in real trouble. I have had better luck lately making money on political cards. I think sports cards (especially guys currently playing) are a super huge downside risk and limited upside. I sold a patch of Texans QB Stroud last year with Nike logo for 1700..a similar card recently sold for 800. Its just not worth chasing this stuff new out of the box. But look at the risk on guys like Wander Franco, Kenny Pickett, and Mike Trout to name a few. Heck even Jordan and Kobe cards have fallen hard. Its just not worth the risk as all this stuff could fall way way way down. There is just too much stuff out there and more and more is being produced. A limitless supply to buy even of the good stuff. Too many PSA 10s on the market now. Just too much of everything.
rookie cards from some guy thats not taken one swing in MLB are worth more than rookie cards of hall of famers.... prices have been fucked up for a while now. its gambling like buying lottery ticket......with only slightly better odds.
th-cam.com/video/Rnd_md98y9E/w-d-xo.htmlsi=E1HFiXaIGG6sT30P I was bullish in Oct 2022...when everyone was bearish....I wasn't calling a crash at that time
Using the 2021 balloon as a starting point, as if that's a norm that current prices should be compared to, is deeply flawed.
100% agree
2 things: #1: We are already in a recession!!!, and, #2: Irregularless is not a word…….
Haha
The supply of cards is so much that people should just wait.... its going to take many ..... mannyyyyy years for the card market to bottom out....
Dude ! Do NOT say “irregardless” the rest of your life!!! Bottom line, cards were NEVER meant to be investments, they are collectibles!!!! Period
Cards were great investments in 2018...I will not change my mind on that...right now, not so much
@@Big_Mac_Boy what does your answer have to do with sports cards were an investment in 2018?
I listen to Warren Buffett and other financial masters and all say the dollar is plummeting and not to buy anyrhing big. I have been buying gold and silver. I have stopped buying cards for now except $20 and lower. There will be be more People selling and leaving the hobby so prices will drop for years to come. Be patient and down the road you will get any card you want far below todays prices.
Yes and No certain RARE cards you won't. STAR Jordan's not many were produced. 86 Fleer Jordan 250,000
Card prices will fall 50-90%. If money laundering weren't in the hobby, it would already be down that much.
@@foodchaser716sheesh yea right. Star is going to crash hard! Mark my word on that
@@JenniferMedina-bg1zbthey're gonna hafta go bankrupt on their star Jordan's to figure it out jen. But anybody who's been in the hobby longer than 5 years knows its coming.
Most people will be dead before the prices ever get back to what they paid in 20/21 if they ever do.
Good point. Prices always bounce....I'm very interested in how low they will go.
Looking forward to the next crash...will be a geat time for collectors!
Yes!
Being a show dealer during the tech bubble and housing crisis. It was a buying spree at the prices I wanted to pay. Always treated my whales great, and they sold me so much back at huge discounts.
Hey it's the guy that's been calling for a market crash the past few years😂😂
th-cam.com/video/Rnd_md98y9E/w-d-xo.htmlsi=mtJ69M14CvVGd3Bp said this in Oct 2022...was Bullish!
Agree. Every year.
@SantiagosFakeBeard th-cam.com/video/bbKLS4CckKM/w-d-xo.htmlsi=R1irSo2fX_qmBQ2z do you call this as a bearish call and was last yr
For vintage cards, low grade PSA’s are not the same. Price comparisons don’t apply due to eye appeal centered cards and inconsistent vintage grading, even though they are the same grade.
Good point.
Can't wait, buying opportunities!
All cards will eventually go to zero, and the high value stuff will also drop in price as well. I only
Like low to mid end cards since they can grow and if they do drop it’s no big deal. I’ll be buying less and more carefully.
Yes. I'll buy more carefully if the markets do tank as I think they will.
Gold is up, Bitcoin is up, Stock market is up. Why invest in sports cards. Way more risk then this other stuff. It is also much harder to sell unless you do card shows or have a shop.
I'll start speculating again if I have the money when everything crashes.
@@aihsports I am slowly getting out because I dont want to give stuff away. But at some point I will because I just don't want to deal with it anymore. I've been selling on Ebay for about 6 years now and the last year or two have been depressing. Everyone is forcing you to sell lower and lower. Its a race to the bottom. I have new 2023 prizm sparkles and a guy wants them for 100 when they are selling for 125-130. I told him i had to give up a bijan gold auto to get 3 packs.
@@jmess6380getting them for $100 when they're 125 is not a big deal in my opinion. What's 20 or so. You should dump that stuff
@@aihsports start collecting stocks and getting deep into which should be valuable and you'll quit wasting $$ and start making $$
@@jefferyf7359 already am...starting to some of the big winners
Soooooo, no Hankus Pankus, Jiggy Wiggy or ANYTHING in the ballpark? 😔😢😅
Hope you're well.
Take Care/Stay Safe ✌
😂😂
Just getting back into the hobby. I feel good buying affordable stuff for the PC but as long as WNBA player cards are going for big money…I’ll know we’re still in a bubble. Talk to me when Caitlin Clark is in the dollar boxes
"Kids, you are going to love it at this orphanage. Toodles"
rofl
what was the point of this video? You said a whole lot of nothing.....
When ovechkin breaks his record watch Gretz cards drop !
ALL CARDS GO TO ZERO!!! I’ve been saying it since the Dam Panic….
🤣
Im with you on the Gretzky and Brady buying oppurtunity.
Save up for the crash like Vintage sports shack.lmao
VSS is right.
I’m confused when you say that economy isn’t reflected in the stock market. Our unemployment is extremely low and our job creation is strong. Our corporations are also having record profits
Job revisions had 800k less jobs...how is that strong?
@@aihsports you strike me as a glass half empty guy. You gotta be more positive. Look at all the positive metrics
@@valenciafantv I was positive buying the stock market in Oct of 2022....but I'm negative for saying the economy is about to roll over? Make it make sense.
@@aihsportshe’s a democrat, he doesn’t know how to make it make sense 😂
@@valenciafantv"job creation is strong"...."unemployment is low".......Because so many people are having to work multiple jobs to just afford gas in the tank and a bag or two a week of groceries thanks to bidenomics.
Irregardless is a non-standard word
Is that what you got out of this vid? 🤣
Ho Moe
I would be interested in Alex ovechkin, Patrick mahomes, lebron James as of right now.
Were probably not going into a recession. The Stock Market is not in a blow off top right now- there is much more of a crash up in asset prices coming. And Irregardless isn't a word.
Sure thing....will be buying a few more put options soon...it's coming down
@@aihsports Do you think the stock market will come down once the Fed starts easing? Usually asset prices go up because it figures in the discount rate. There is a much higher likelihood of it popping higher before it comes back. Becareful with options.
@Michigan_Wolverine perhaps the S and P goes to 6200...however, the fundamentals are showing issues next yr and in 2026...I'm going to slowly buying longer dated put options...not short dated
@@aihsports The fundamentals have been showing an impending recession for years now. It is highly likely not going to happen this year and wont likely happen until the Fed stops an easy money policy that it seems that theyre ready to embark on. Yes- if you go out long enough, a recession is more likely than not, but that will be planned, not organic.
@@Michigan_Wolverine 800K jobs revision to the downside...that's not signs of a strong economy....what if there is a geopolitical event with Israel/Iran? What will the ramifications be? Not to mention the Commercial Real estate market showing weakness.
you prefer a low grade Gretzky rookie over a high grade Gretzky 2nd year?
Good question...I never thought of looking at his second year card in a high grade
@@aihsports it's dropped a ton. You can get a PSA 8 OPC now for like $300 where it was 1000-1500k.
@jwolfe890 oh wow. Good info!
A PSA 8 rookie o/c for $300? PSA 7's sell for $4200-4400 and PSA 6's sell for $2600-3000 range where a PSA 8 o/c would fall, while a second year Gretzky in an 8 sell for around $300, so this comment is confusing.
@@LetsStormTheTeaCupRide obviously second year
in got a kobe card that is resesion proof. every day i wake up it just goes up in value. impossible to drop in value. there are some cards out there like that.
what's the card and grade
@@aihsports Will Grier Card PSA 10
I just saw a beautiful Juan Soto 2016 bowman green go for only 6600 the other night. Such a disappointment. The guy is having a monster year. Why aren't dealers bidding these cards up. Apparently nobody has cash. When the top players in sports are not going up then we are in real trouble. I have had better luck lately making money on political cards. I think sports cards (especially guys currently playing) are a super huge downside risk and limited upside. I sold a patch of Texans QB Stroud last year with Nike logo for 1700..a similar card recently sold for 800. Its just not worth chasing this stuff new out of the box. But look at the risk on guys like Wander Franco, Kenny Pickett, and Mike Trout to name a few. Heck even Jordan and Kobe cards have fallen hard. Its just not worth the risk as all this stuff could fall way way way down. There is just too much stuff out there and more and more is being produced. A limitless supply to buy even of the good stuff. Too many PSA 10s on the market now. Just too much of everything.
No, he has too much stuff out there, and those cards were already high that's why his stuff doesn't go for a lot
rookie cards from some guy thats not taken one swing in MLB are worth more than rookie cards of hall of famers.... prices have been fucked up for a while now. its gambling like buying lottery ticket......with only slightly better odds.
Blah blah blah. We will go into a recession. No need to fear monger. This is a hobby for us.
It's not fear mongering...it's the truth
@@aihsports 3 years ago your “black swan”, 2 years ago “market crash”, 9 months ago “ Panic”. Modern day Nostradomis 🎉
@@SantiagosFakeBeard th-cam.com/video/Rnd_md98y9E/w-d-xo.htmlsi=zMViVkN7OTLzHX6f guess you missed this video in Oct 2022 at the market bottom...lol
Aih is due for a win
I was buying bitcoin stocks in Dec 2022...that's been amazing
@@aihsports Not your keys not your coins
Ur so wrong on so many levels. Rule 1, not all 3s are created equal so 700 to 2300 is normal depending what ur looking 4 genius
th-cam.com/video/Rnd_md98y9E/w-d-xo.htmlsi=E1HFiXaIGG6sT30P I was bullish in Oct 2022...when everyone was bearish....I wasn't calling a crash at that time
All I took from this video was that I should buy my Tomlinson and KD cards 😂
🤣🤣