Are audiophiles still out of their minds?


I've been in this hobby for 30 years and owned many gears throughout the years, but never that many cables.  I know cables can make a difference in sound quality of your system, but never dramatic like changing speakers, amplifiers, or even more importantly room treatment. Yes, I've evaluated many vaunted cables at dealers and at home over the years, but never heard dramatic effect that I would plunk $5000 for a cable. The most I've ever spent was $2700 for pair of speaker cables, and I kinda regret it to this day.  So when I see cable manufacturers charging 5 figures for their latest and "greatest" speaker cables, PC, and ICs, I have to ask myself who buys this stuff. Why would you buy a $10k+ cable, when there are so many great speakers, amplifiers, DACs for that kind of money, or room treatment that would have greater effect on your systems sound?  May be I'm getting ornery with age, like the water boy says in Adam Sandler's movie.
dracule1
Such decisions are based on individual value systems, free markets, and free will. An individual's failure to understand another's decision paradigm or share his resources doesn't justify criticism.

People have the money to spend or the markets wouldn't be there to serve the consumer. One man's dollar is another's $10,000. 


Two people above wrote about belden and Western Electric cable. I have removed some Sablon Pantella adn Crystal cable interconnects and replaced with a Beldin and Western electric interconnect. Replaced a High Diamond 8 speaker cable with a 14 Gauge Western electric speaker cable. My system has never sounded better. Replaced $3200 worth of cables with $250 worth of cables for real improvements in sound
Alan
BJC for me , don't think I would be able to hear a difference in cables anyway 
id rather spend some $ on music and find the better sounding LPs or CDs   I can hear the difference in  music source 
but that's my take on it.  
  Spend your money on what pleases you 
hello ,
whenever some audiophiles or reviewer suggest spending about 15-20% of the cost on cables base on your total audio system cost. Do they mean per cable or the total cabling cost in the system? if a hifi system cost $10k, do i spend about $2000 on all cables combine? or per piece of cable about $2000?
any answer? pardon please if it sounded dumb question! Thanks!