openPR Logo
Press release

Fine Wine - Preserving Wealth in Uncertain Times

04-06-2020 02:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fine Win

Fine Wine, charles-winn.com

Fine Wine, charles-winn.com

- This is the second time in just over a decade that financial markets have melted down

- In the current COVID-19 Coronavirus Crisis, Fine Wine is again providing great value preservation. Fine Wine has barely budged in price, whilst equities have collapsed more than 30%.

- Smart investors are all considering allocating some capital to Fine Wine, an alternative asset class with excellent proven defensive characteristic and genuine intrinsic value.

For the second time in a little over ten years financial markets are melting down. Gut wrenching volatility is destroying 'value' across virtually all asset classes. Global equities are down over 30% and corporate bond spreads have blown out. Supposed 'alternative' assets like Bitcoin have been ineffective in protecting value.

Even formerly 'safe haven' assets like gold have failed to preserve wealth. Aside from US Treasuries, only assets with genuine intrinsic value are providing any wealth preserving characteristics right now. Fine wine is not a speculative asset; it is not levered and it not owned by panicking hedge funds.

Although the wine industry has been disrupted by the outbreak with numerous trade shows cancelled or postponed, this spring's en primeur tastings called off and now with wineries closing their cellar doors and visitor centres, Fine Wine is continuing to hold up at present.

A report at the end of last week stated that global equities have taken a severe hit this past week as Covid-19 has continued to spread globally. With every small piece of fresh news adding to the uncertainty, finding calm waters has been challenge. But Fine Wine has been stable.

With a low correlation to equity markets, Fine Wine moves at a glacial pace and is generally influenced by two long term economic fundamentals - namely supply and demand.

Although prices have drifted over the first three months of the year due to the coronavirus outbreak and tariffs in the US, a trend carried over from the end of last year, there has, so far, been no evidence of panic selling by collectors. Indeed, long term buyers actually seem to be popping up to take advantage of lower prices on certain wines. There has been no panic selling, quite the contrary, many people have been buying a lot more due to this.

Media Contact
https://www.charles-winn.com
302-467-2090
info@charles-winn.com

It comes as no surprise that many are using Fine Wine as an asset to hedge the risk of economic downturn so, if anything, due to the rise in buying in the market, predictions are that Fine Wine is going to go up over the next 12 months.
For more information please visit https://www.charles-winn.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fine Wine - Preserving Wealth in Uncertain Times here

News-ID: 2000277 • Views: 194

More Releases for Wine

Wine in Brazil
Latest Report on Wine in Brazil Similar to other alcoholic drinks, wine saw a total volume decline in 2016, with sales falling by 3%. Although this decline was slower than that seen in the previous year, of 4%, it is clear that the negative economic situation continued to affect consumers’ demand for wine. Since it is perceived by many as a non-essential product, other products and types of alcoholic drinks seemed
Matua Barbeque Wine Dinner
Life is way too short to drink a bad wine, and waste a great food. And to make it even more perfect, pair your great foods with great wine! Join us for an incredible and unforgettable taste sensation with one of our Wine Dinner experiences, MATUA Barbeque Wine Dinner with Chef Severin. Enjoy an evening of award winning cuisine. Our menu is designed to offer a selection of dishes from around
Wine Price Records at WineBid Wine Auctions
WineBid wine auctions, final wine trading days More then 60 All Time High Wine Prices were listed: The wine auction days WineBid 2016-03-22 invites interested wine merchants, wine lovers and wine investors. 2757 different lots were saved at Wine-Stocks databases. Wine trading volume more than 4000 wine bottles. The average value of a wine bottle of a sold wine bottle was $ 105. Top 10 Wine Price Records Chateau Latour 2002 3000ml $ 1638 (+)
Re-Wine: Wine Bottle Lamp
MINIWIZ is a Taiwanese firm that is a globally recognized innovator dedicated to eco-solutions through practicing the 3Rs – Reduce, Reuse and Recycle. At Miniwiz, we synergize expertise in design, engineering and manufacturing to deliver innovative solutions by applying existing and future green technology. Our theory of change is that businesses with a focus on sustainability could create positive impact on both social and economic level. Miniwiz had already made a
The Bar & Wine Show
The 12th edition of the Bar and Wine Show will be held on 28th and 29th June 2011, at the Jacob Javits Convention Center in New York. The show is one of the best of its kinds. The Bar and Wine Show will be organized by the RDP Group. As New York has a huge concentration of bars, clubs and restaurants in the world. Therefore, the success of the show
Bread, Salt, Wine...
Bread, Salt, Wine... Greater Boston Chef Partners with Wine Groups for Ongoing Series ( GREATER BOSTON, MA) –Chef Antonio Bettencourt of 62 Restaurant & Wine Bar located in Salem, Massachusetts, has partnered with several wine organizations to launch his new ongoing Wednesday night series called “Bread, Salt, Wine.” Based on the traditional Judeo–Christian blessing and offering brought to a new home, and in an effort to take some of the mystery out