Archived posting to the Leica Users Group, 2009/05/20
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Nathan Wajsman" <photo at frozenlight.eu> wrote >>>>>>> Yeah, I'll come along too :-) Hopefully, one of the side effects of the crisis will be a moderation in prices of good Bordeaux. I have bottles from the mid-90s that I could never afford to buy today (I bought them during several trips to Bordeaux when I lived in Brussels). I have never been brave enough for the futures. <<<<<<< Futures are fine for the next boom of rising prices, but, as that is likely to be as far away as the new M10.5 (full frame x 1.3), I'll stay away from them. In Ireland, wine suppliers are folding by the good time, so where this happens wine will come onto the market at reasonable prices eventually. This is evidenced in the car market here as ritzier (and now unaffordable) vehicles are auctioned by their straitened and tear-streaked owners to the echo of wallets slamming shut by hard eyed buyers. The embarrassed coughs & throat clearing from the equally disappointed auctioneers is the accompanying symphony as their dreams head downswards into the slough of despond. Yes Nathan, I agree with you. Bordeaux prices have to go backwards, but for the moment it's like the car has only just crashed. They're staring over the crumpled bonnet at the steam rising from the broken radiator. Acceptance is still a bit further off. That said I bought some wine - and Madeira - today! Douglas _________ Douglas Barry Bray, Co. Wicklow Republic of Ireland