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    2009-09-25

    Carruades Phenomenon

    that's what farrvintners name it. Yes, the price has rocketed due to the recovery of global economy and the buyers from emerging markets. you can say it's another speculative bubble. but i am glad i am one of the early riders.

    a case of carruades 2007 en primeur i bought in April at GBP585 are now sold by the same dealer for 1275. this is not the best investment i have done, but certainly most joyful.

    PS:

    a bloomberg article on lafite price:

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