2009 Lafite futures

[Ken Sacks]

$1400. I realize that this is a game: that folks are trying to manipulate the Chinese market in luxury goods and to cover for a lot of unsold and unsellable wine at lower levels. But there is something so extreme here, so profoundly disturbing and disconnected from reality that it seems like a prelude to some sort of cataclysmic event.

 

[Rahsaan]

That doesn't sound too expensive. Only a bit over $100 per bottle. For first growth, not bad.

Oh wait, did I miss something..

 

[Keith Levenberg]

Please enjoy your nice Chinese food with Chateau Lafite-Rothschild, the traditional and typical of glorious capitalist history and cultural.

 

[Florida Jim]

originally posted by Ken Sacks:
$1400

Delivered?
Best, Jim

 

[Yixin]

That's why it's cut with coke - much cheaper by the glass!

 

[SFJoe]

Is this a complaint about the Lafite premium vs. unsung estates like Haut Brion and Margaux?

 

[Yixin]

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www.thedrinksbusiness.com

And it's been traded on Liv-ex.

 

[SFJoe]

Wow, what a pair trade.

 

[Ian Fitzsimmons]

Per bottle or per case?

 

[Florida Jim]

originally posted by Ian Fitzsimmons:
Per bottle or per case?

Yes.
Best, Jim

 

[Yixin]

2009 Haut-Brion at 14.3%?!

 

[Thor]

For the first time in history, it's "ripe" in Cargassachian terms.

 

[Bwood]

originally posted by Florida Jim:

originally posted by Ken Sacks:
$1400

Delivered?
Best, Jim

One bottle of Lafite or ten cases of Gilles-Robin?

Really the current Bordeaux stuff seems to have moved beyond just the odd and into another realm.