Jan 28 2010

Crisis In Napa (Part I)

Published by at 12:00 am under World of Wines

Prices of Napa Valley Cabernet climbed, almost nonsensically, over the last decade. In the spring of last year, it was tough to find a quality Cabernet from a distinguished spot for less than $50. The world has changed, and it changed so quickly that many wonder where the bottom is. Why did prices climb so fast? Why are they dropping, and how you can take best advantage of the buying opportunity?

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