There's been a lot of industry talk about the 2007 Bordeaux vintage. A lot of American writers have written the vintage off. Even the Asians aren't a sure bet to buy. So hopefully, that'll translate into lower prices, because I feel like we've been spanked around by the 2005 and 2006 prices.
But the power is all up to the Bordeaux estates. We really don't have a say, because I'm sure there'll always be a market for top end Bordeaux, regardless of price. It's getting quite ridiculous - I still can't wrap my head around the idea of a triple digit bottle of wine. I mean...it's a perishable drink!
I will be so happy if prices went down. I'm hoping for at least a decrease of 30%. The vast majority of people are ignorant, and will run away as soon as they read about critics panning the vintage. That's what I'm hoping for. Come on, how many of these people can really distinguish the difference between vintages anyways? Give me a break. You're not going to buy because Wine Spectator says it's been a bad year?
If that's the case, and prices are down, it'll be good - for me. A lot of more reasonably priced wines I can buy. I have a list of wines I want to look at. It'll also be a good time to look at some of the more top level producers. After all, this is a vintage to drink while my 2005 and 2006s mature.
My wish list:
Ch. La Lagune
Ch. Chasse Spleen
Ch. Ducru Beaucaillou
Ch. Canon la Gaffeliere
Ch. Smith Haut Laffite
I also want to take a look at some of the dry white wines. But mainly these. So, I'll be watching for the prices very carefully. I'll keep you updated.