Auction record set, $179.4 million for Picasso, whew, Bubblicious Bubble

Discussion in 'Wall St. News' started by S2007S, May 12, 2015.

  1. "Should?" I have no idea. I don't think anyone does. I don't even think it's a fair question. But I suppose that people with more money than they know what to do with will, as always, set the price on these things.
     
    Last edited: May 12, 2015
    #21     May 12, 2015
  2. One of the two oil versions of The Scream probably could fetch a Billion dollars if it was auctioned off.


    [​IMG]


    :)
     
    #22     May 12, 2015
  3. loyek590

    loyek590

    my wife bought me a little book with that picture on the cover to store all my passwords in
     
    #23     May 12, 2015
  4. S2007S

    S2007S

    [​IMG]

    This is an Untitled Cy Twombly from 1970.... I wont tell you how much it sold for

    Lets just say it passed all estimates at auction
     
    #24     May 12, 2015
  5. I can see why that other guy is screaming.
     
    #25     May 12, 2015
  6. S2007S

    S2007S

    Photo
    [​IMG]
    Barnett Newman


    This piece was sold in 2013 for a record price, beating out the previous record by 100% that someone paid for another Barnett just a year earlier
     
    #26     May 12, 2015
  7. S2007S

    S2007S



    exactly
     
    #27     May 12, 2015
  8. S2007S

    S2007S


    Everything I have mentioned from art sales, to housing to startups and bojangles is all because of QE, everyone believes all these markets and the other thousands around them have nothing to do with QE, they are wrong, QE has everything to do with what is happening today and why asset prices are where they are and why we are paying what we pay for goods and services and auctions and IPOS, the fed has created an unleveled playing field, a playing field that has NEVER existed before in any time in human history where nothing involves true market pricing or value but rather a fantasy like world where trillions are printed and distributed from the top down....
     
    #28     May 12, 2015
  9. S2007S

    S2007S


    I think they leave him there to make you think the painting is worth that much more than it actually is worth
     
    #29     May 12, 2015
  10. S2007S

    S2007S

    these as well sold for quite a pretty little penny...



    [​IMG]



    [​IMG]
     
    #30     May 12, 2015