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The Currency of Wine

Written By: Kasey Carpenter on Wednesday, June 11, 2008

Fluctuations in dollar value and gas prices can have far reaching effects.

So we have dealt with more microscopic levels of finance in terms of what it costs to manufacture, say, a nice bottle of Pinot. But what about the global market? What are the issues that we have to face with the ever-sinking dollar, the ever-thermal cost of gas, and all points in between? Yeah, even wine is coming under the crush of these...read more
 

Wine Clubs 101

Written By: Matthew Apsokardu on Tuesday, May 27, 2008

Your guide to wine clubs! Find out what they are, where they are, and how you can get the most out of them.

Let's say you're a wine lover. One of the toughest things in your wine life is finding good bottles that are worth your money. Some people revel at the thought of burrowing through hundreds of bottles in their local state store, trying to find that diamond in the rough. But most people simply don't have the time for all that. Wineries,...read more
 

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Q2 Auction Results Prove My Theory

Written By: Kasey Carpenter on Tuesday, August 19, 2008

Burgundy is seeing some amazing returns at high end auction houses.

In the months of 2008, from April - June, $66 million dollars were spent on collectible wine in the US. Like I said, people who collect at this level aren't too worried about how much gas has gone up whether that gas is going into an S-Class, a Chris Craft, or a Gulfstream. Seriously though, 66 million? Wow. What I really loved about the...read more
 

Bullies of Bordeaux, Part Deux

Written By: Kasey Carpenter on Tuesday, August 12, 2008

Find out how the TTB (Tax and Trade Bureau) here in the U.S. is reacting to the recent controversial activity in St. Emilion, France.

Seems the repeal of the classification rulings in St. Emilion back to the 1996 standings has ruffled the feathers of the TTB (formerly the BATF) here on our shores. Why? Art Resnick, spokesman for the TTB said it was "not a safety issue... we're concerned about consumer deception." So they wrote letters to the French Embassy asking for...read more
 

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The "R" Word Means Buy, But Not Yet

Written By: Kasey Carpenter on Thursday, June 19, 2008

When the economy stalls, it's a good idea to view the behavior of luxury markets.

I think I'm not letting any cat of the bag when I say we are for all practical purposes in a recession. There, I said what CNN has danced around for months. Call me cutting edge. Counter culture media outlet. But what does the "R" word mean to the wine collector? Well once again, when dealing in luxury markets, it is good to look at the...read more
 

Economy Shapes the Wine Press

Written By: Kasey Carpenter on Thursday, August 7, 2008

A little observation can go a long way in determining how wine is discussed.

I've harped on and on about this, but just this week, there have been no less than four articles that focused on inexpensive wines: Bill Daley of the Chicago Tribune posted an article entitled "Good wines for tough times." Michael Franz of winereviewonline.com writes "Loving wine on the cheap." Leslie Gevirts of Reuters Life beckons...read more
 

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