All that glitters isn't gold, some of it is wine
All that glitters isn't gold, some of it is wine
Aug 17, 2010 6
(Reuters) - Like gold, top wines are highly prized, represent wealth and are selling near their historical highs. Prices of the five premier cru Bordeaux -- Chateaux Lafite Rothschild, Haut-Brion, Margaux, Latour and Mouton-Rothschild, and the grand crus of Burgundy, particularly Romanee-Conti, are at or above 2007 levels. "During times of economic stress and worry, buyers look to safe investments and gold is seen as a defensive strategy.
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