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Napa Cab prices

Posted by triodesteve on October 20, 2012 at 07:46:51:
Glancing thru the current Wine Spectator yesterday (I sheepishly admit to looking for my score)
and I have to say I think I'm out of touch. The prices ( the focus of the issue is Napa Cabs) are unbelievable. Many, many bottles from wineries I've never heard of over $100. Plenty over $200.
Maybe none under $50.
I can't imagine there are enough investment bankers and hedge fund managers to buy up all of these wines! The rush to China seems to have cooled, so who is buying these?
Steve