On the road to ruin

by Oct 29, 2019Wine Trading Academy0 comments

Greetings, Dear wine Investor!

As some of our readers know 2 years ago In 2017 a group of people with a long history in finance, in shock with negative interest rates, decided to create an alternative exchange to offer fine and rare wine as real assets for investment. Since then Alti Wine Exchange is up and running. We started with a Port Wine from 1888 so people understand what it means to have a rare wine. That was our first IBO, priced at 2650 euros.

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Two months later there is still bids at 2650 but the offer is above 3000 euros. The second IBO was a Moscatel from 1918 at 900 euros and there is still bids at 900 euros but the offer is at 4000 euros.

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It is very obvious that there is little liquidity, but these are wines with more than 100 years, they are collectors items, they are history in a bottle.
Why could fine and rare wine be so appealing? Because there is a currency war going on, with most of the countries trying to weaken their currencies.
Europe believes that a weaker euro will help the economy, and President Trump believes the same, that is why he wants interest rates to go down in the US, but the Chinese and the Japanese want to compete the same way, with their currency first. It’s a real war out there and real assets are the safer way to preserve purchasing power.
Lots of people are now talking about gold because they sense this war, but gold or silver are not the only real assets, fine and rare wine is a good alternative.

So how do you buy fine wine for investment? At Alti Wine Exchange, putting bids for the wine that is listed, or subscribing the IBOs coming out on a regular basis at the exchange, from the best wine producers in the world.
‘’Should you put all your money into rare wine?’’ asked a friend. No was our answer. The simple investment strategy is to have a maximum of 3% of your net assets in fine wine.

European governments are borrowing too much, and the ECB is providing the money to meet the demand.  Technically the ECB has begun monetizing European government debts. Monetizing debt according to Austrian School of economics is always the beginning of the end. With bankrupt retirement programs and mass immigration from strange cultures so where are we going?
Oh yes…..on the road to Ruin. Let’s make it more pleasant with fine wine.

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