Pigs flying = a decent article/post from gocollect 0

[MAR1979]

https://blog.gocollect.com/a-field-report-an-actors-comic-and-a-very-scary-market-report/

Never thought possible but a decent accurate post at gocollect, unlike their normal tripe usually from Tuck who shamelessly hypes up what he seeks to sell.

[valiantman]

Final sentence on the article...

"Any perceived investment advice is that of the freelance blogger and does not represent advice on behalf of GoCollect."

[bluehorseshoe]

That is just one really long tweet that goes over the character limit.  Is this par for the course with what passes as an "article" on that website? Because its :spoon:

[MAR1979]

On 7/21/2023 at 12:24 PM, bluehorseshoe said:

That is just one really long tweet that goes over the character limit.  Is this par for the course with what passes as an "article" on that website? Because its :spoon:

Yep, structurally is not well written but that is the new normal

Edited July 21, 2023 by MAR1979

[squidmo2000]

[Brock]

I lost several points of IQ just reading that article.

[mattn792]

On 7/21/2023 at 9:57 AM, MAR1979 said:

https://blog.gocollect.com/a-field-report-an-actors-comic-and-a-very-scary-market-report/

Never thought possible but a decent accurate post at gocollect, unlike their normal tripe usually from Tuck who shamelessly hypes up what he seeks to sell.

This article would’ve been prescient 18 months ago, now it’s just (bleep) that anyone paying attention already knows.

[jimjum12]

[divad]

On 7/21/2023 at 4:52 PM, Brock said:

I lost several points of IQ just reading that article.

Thanks for the warning . . . I need to keep all that I have! 

[Brock]

On 7/21/2023 at 11:07 PM, mattn792 said:

This article would’ve been prescient 18 months ago

Including the imaginary Con attendee who suddenly yells “Marvel’s Big Bad is just Bad and Sad…”?

[thehumantorch]

Worthless article.  Pretty well every 'hot' book mentioned is a BA to MA common book.  And yes, we know a lot of books, even some quality keys, have dropped in value.  Let's talk about quality GA and SA and let's wait a couple years.

[Nick Furious]

One day the writer will discover the internet and realize there are forums where all his investigative reporting insights were long-ago covered by people who weren't even attending a convention in Michigan.  It's gonna blow his mind.    

Edited July 22, 2023 by Nick Furious

[Tec-Tac-Toe]

[comicwiz]

Short version: Only banks are making money.

Longer version: Sure, summer time is usually slow, but there's more happening with the economy. Less discretionary spending is not only relating to affordability issues (increase in gas prices right through to putting food on your table), but specs aren't interested in buying to flip on borrowed money given the high interest rates.

Many of the things he describes are happening across most major collecting categories, so this isn't anything specific to comics.

There is no way to gather data on how consumer spending is being impacted by high interest rates, at least not in terms of changes they've made to gas consumption or food purchases. However the mortgage in arrears data tells quite the story on why this whole notion of raising interest rates to fight inflation is a lie, and at least here in Canada, is solely intended for banks to earn another record year of profits. When people can't keep up with bills and are on the cusp of losing their homes, the last thing they are going to do is continue collecting.

 

Edited July 22, 2023 by comicwiz

[jdandns]

I'm not so sure. At this point, if I lost my house, I could fashion a fine papier-mâché dwelling from my comics alone, topped with a mighty chimney made of trading cards.

[thehumantorch]

On 7/22/2023 at 6:51 PM, jdandns said:

I'm not so sure. At this point, if I lost my house, I could fashion a fine papier-mâché dwelling from my comics alone, topped with a mighty chimney made of trading cards.

That would be a beautiful sight, or is it site..