For a long time classic car collection has been a pretty safe way for investors to protect their money. That looks like it coming to a screeching halt. One of the largest muscle car collections in the world is selling out. Everything is going, and these cars will be auctioned off with no reserve which means there will be no limits to how low the bidding can start on any of these cars. These people want out of the market and do not care if the lose some money so it's pretty apparent that they see a crash coming that would leave them with all their cars and no way to sell them.
This is a very remarkable event. A few years ago no one could have imagined this happening.
www.zerohedge.com
This is a very remarkable event. A few years ago no one could have imagined this happening.
Zerohedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero