That logic has a glaring flaw, that while tulips might be in short supply, the price is driven by everyone else doing that too, so there'll be a glut of new blubs in the future, so the future price shouldn't be assumed to be the current price.

Anything self-replicating can't hold to "current price best predicts future price".

The Hunt Brothers (re)learned this with silver in the 70's. (80's?)