Christie's Art Sale Smashes Records: Records were smashed for Jean-Michel Basquiat, Jackson Pollock, Roy Lichtenstein and auctions themselves as Christie's sold $495 million of contemporary art last night in New York.

This week, Ivan Lo talks more about the fiscal cliff, market outlook, shows you a scary chart, and talks about what happened with gold and silver last week.

It doesn't matter what economic data is being thrown at us. The markets have continued to soar despite poor economic numbers, growth, and scandals. But eventually, these numbers will catch up with the markets...