I know pricing has been brought up many times here but it seems like it just the past two years many bottles have gone from 150 to 250.  I am in a few wine groups and I know all of us have really started to pass on these wines now.  I don't know anyone who is really buying these cabs in the 250-300 range.  Napa is really setting themselves up for a who collapse once a recession hits.  The average Na[a cab today with just napa valley on the label is ABOUT 70 BUCKS..

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Yes there are other wine buyers outside the US and when Bord prices went crazy outside of France what happened??? People stopped buying and prices fell.  A 100 dollar increase on a vintage is still a 100 dollar increase outside the US as well and add in tariffs to that also.  

 

Just saying that the bigger the bubble the larger the burst.

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