Yes, that certainly can happen. But when that kind of speculation has a significant effect it's called a bubble, and is an exception to the usual rule that incr

Yes, that certainly can happen. But when that kind of speculation has a significant effect it's called a bubble, and is an exception to the usual rule that increased demand causes prices to increase up to a new equilibrium point and no further. Is there any reason to think that a bubble would occur in this particular situation?