SIGNS OF THE COMING ART COLLAPSE-THE HYPE WAS THERE BUT TOO MANY UNSOLD

China’s richest man buys Picasso, but as we’ve seen, half the time the Chinese don’t pay up after the auction.  I hope he got a real one after the fake Picasso fraud scandal I reported on yesterday.  Too many pieces didn’t sell.  You be the judge.

 

http://www.bloomberg.com/news/2013-11-05/picasso-s-cigare-sells-for-1-1-million-in-dull-sale.html?goback=%2Egde_2570006_member_5808417350432620544#%21

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