Wednesday, December 18, 2013

A safe investment

Some of our friend's properties, well known, have been or are in the process of being sold, and this at very high prices, if I am to believe the rumours.

An estate with a beautiful chateau, very beautiful, in Fronsac, is said to be the most expensive operation undertaken by a Chinese investor in Bordeaux. The French are also queuing up to buy wine chateaux, to protect their heritage, for tax deductions from a working tool, possible investments, social status and all of this with other irrational factors such as simply falling in love with the place.

Money in the bank, currencies like the Euro and the Dollar are being contested with new virtual currencies like the Bitcoin, which I heard of for the first time in 2011, would that explain it all? 

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