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<title>Luxist - Comments for Will Anyone Still Want New Bordeaux?</title>
<link>http://www.luxist.com/2009/02/20/bordeaux-wine-losing-money-cachet/</link>
<description>Luxist Comments for Will Anyone Still Want New Bordeaux?</description>
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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Comments on Will Anyone Still Want New Bordeaux?]]></title><link>http://www.luxist.com/2009/02/20/bordeaux-wine-losing-money-cachet/</link><guid isPermaLink="true">http://www.luxist.com/2009/02/20/bordeaux-wine-losing-money-cachet/</guid><description><![CDATA[Good piece but a few comments. The 2008 vintage is not 'grim' in terms of quality. Amongst the classified growth we should see some very good wines, though the yield is small.  The only thing 'grim' about Bordeaux's top wines are the prices.  The prices won't come down until speculation by the investment funds stops. They are largely responsible for the pressure that sent prices skyrocketing, reaching their peak with the 2005 vintage.  Let's hope those funds lose interest and the chateaux choose a more realistic, long term pricing strategy.  A large UK merchant was in town this week and thought they could drum up a good primeurs campaign if the prices came down - why? Because of the limited quantity and high quality.  Bordeaux is never as simple as one likes to think. ]]></description><dc:creator><![CDATA[Suzanne]]></dc:creator><pubDate>Feb 20th 2009 12:39PM</pubDate></item><item><title><![CDATA[Comments on Will Anyone Still Want New Bordeaux?]]></title><link>http://www.luxist.com/2009/02/20/bordeaux-wine-losing-money-cachet/</link><guid isPermaLink="true">http://www.luxist.com/2009/02/20/bordeaux-wine-losing-money-cachet/</guid><description><![CDATA[Quality and Vintage in this economy have little to do with price increases.  It's supply and demand, even $100,000.00 employee's are getting layed off.  You would have to be a goofbucket to spend in this crisis.  The pricing strategies used are not based on quality but rather the need for income.  One's purchasing price increases are mandatory to profit, however reading blogs for across a broad sampling we see the products such as this in this industry are on a huge decline.  It's called goofy economics.  Page studies show that blogs and pages, simple website do also effect economic ideas.  In short goofbucket commens increase the fall of consumer confidence.]]></description><dc:creator><![CDATA[Mike Samuels]]></dc:creator><pubDate>Feb 28th 2009 1:38PM</pubDate></item></channel></rss>