Excessive fiat money printing + negligible bond yields = asset price inflation. Just weeks after the most expensive painting ever, The Scream, sold at auction for $120mm and 6 months after the most expensive comic, Superman #1, sold for $2.16mm, the most richly priced piece of sports memorabilia sold for $4.4mm over the weekend. It was a circa 1920 Babe Ruth original game used jersey. The price exceeded the previous sports high in 2010 of the original rules of basketball written by James Naismith and the $2.8mm paid for the T206 Honus Wagner 5 years back. Whether its gold, comic books, baseball cards, paintings or diamonds, the global debasement of paper money drives a more fervent demand for hard assets.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.