out to the faceless money men when prices are going crazy a crash must be on the horizon warns oscar humphreys so in new york this past week leonardo dicaprio presided over an auction and it broke records smashed records no this was no isolated event. good prices were mirrored by options at sotheby's and christie's that made nearly half a billion dollars the highest total and auction history but max get this highest totals in auction history this past year mirrored in the auctions the buyers are often the galleries that represent the artist or collectors that own other works by these artists the more they pay the more valuable the work they already own because. most of the posers game. christie's and the other one south of b.s. have been involved in scams in the past for their financing the purchase of art to jack the price up of art work to make the catalog go back catalog worth more that's an old trick it's the same concept i see your point that when a company buys back its own stock they're just to manipulate the stock price higher to make their bonuses higher so i think in the art world of