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MARCH 2002 Newsletter: Bordeaux 2000 - Your Last Chance! ... and I am not kidding!! Please, before you read this print it out and keep it for about 3 months. If you have listened, you will, I promise have a smile a mile wide, if not you will feel like all of us who have felt at sometime in the past saying that " I really wish that I has taken his advice!" When Robert M. Parker (the American wine guru) reported last spring that the 2000 Bordeaux vintage was the Eldorado, the world listened and the market went crazy. The 1st growths rose to £2000+ per case and Cheval Blanc at £3700. In the context of the prevailing prices of fine wine at the time they were very expensive, regretfully for most that will read this newsletter I have some very bad news. The 2000 Bordeaux vintage IS indeed not just fabulous; it IS the greatest for 50 years. Yes, superior to 1990, 1982 and 1961 - the finest vintage made during most of our lifetimes. However, there is a problem, have you bought any wine? Have you bought enough? Mr Parker will bring out his latest assessment in late April, assume that the market may get a sniff of what he will say a week before and we have about 6 weeks to stock up before the top wines really do become both physically and financially unobtainable. I have spoken to some of the most influential people in the UK wine trade and taken reports from tastings completed in Bordeaux in December 2001. They all agree on one thing, the top wines taste even better now than they did last year when first tasted. One top UK buyer confided in me that he had told many of his best clients to hold off purchasing the wine from Bordeaux 2000 as wine normally takes fall in price when delivery begins in the spring of 2003. This categorically not take place with this vintage, I am entirely convinced that Mr Parker WILL say that 2000 Bordeaux the best claret vintage for 50 years, and then the wine will go absolutely stratospheric. Then it will be most certainly too late to buy back, unless you are fortunate to have pockets as deep as Bill Gates. Whether you are a wine lover, an investor or indeed a bit of both - please do not delay. Interest rates are down and set to remain at historically low levels for the foreseeable future. Fine wine as part of a properly balanced portfolio of investment can be capable of offsetting troubled times in other financial areas, and the rewards are absolutely tax-free. Check out http://dunbarfinewine.co.uk/investment.html to see for yourself how fine wine has historically been a first-class and consistent investment, when the wine is sourced from reliable suppliers and not some of the cowboys that have given our business problems in the past. .
If you wish to discuss the acquisition of wine, please complete
the form in the Contact section.
December
2001 Newsletter - click here |
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