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DOWN 99% for another Crypto product, while Collectibles sell for World Record prices

by TANZEEL AKHTAR for BLOOMBERG | May 19, 2022
DOWN 99% for another Crypto product, while Collectibles sell for World Record prices

As we predicted, Crypto is falling yet again, 99% this time for Terra Luna, with the NASDAQ down another 4.3% today.

As the world's stock markets fall, inflation rises along with interest rates, people are looking for safe haven's with Collectible's. Three World Record's have been set in the past month, with the sale of an Andy Warhol painting of Marilyn Monroe for AU$278 Million (US$195 M), a Picasso yesterday for AU $96.2 Million (US$67.5 M), and a Mercedes Silver Arrow 300 SLR for AU$204 Million.

No wonder people are flocking through our door to get in on the hottest asset class that there is.

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