Diego, writing from Buenos Aires
Dear Reader,
December has arrived. The sun is shining in Buenos Aires. The Jacaranda trees are in full bloom, painting the streets purple. The terraces of Palermo are full. Glasses clink. The city celebrates the end of polo season—the best in the world, as they say.
President Milei is one year into his term. His promise? To cut government spending, rein in inflation, and steer the country toward stability. So far, he’s delivered. But change, as always, comes at a cost.
Prices are up. Way up. My rent has tripled in dollar terms. Utilities have followed suit. Salaries haven’t kept pace. It’s a tough time for many. Adjustments like these aren’t easy. They test patience—and wallets.
But, dear reader, I’ve seen this before. Argentina is no stranger to reinvention. The pendulum swings. The adjustment comes. And for those who see it, opportunities abound.
As Bill Bonner recently wrote:
“Chaos breeds opportunity, and Milei is betting big on reform. Argentina is the biggest turnaround story since the Soviet Union disbanded.”
Take wine, for instance. Prices here have risen sharply. But because we’ve already secured a great stash, we’re offering you bottles at what are essentially local Argentine prices.
This is like buying straight from the bodega. Except from the comfort of your home.
And let me tell you—this opportunity won’t last forever. President Trump has already hinted at tariffs on wine. I’m not saying brace for impact, but what lies ahead for pricing is far from clear.
That’s why I’m still buying wine. Not just as an opportunity—but because, like you, I prefer to take in the news with a glass in hand.
If you haven’t yet had the chance to try Argentine wines, now’s the perfect moment. Argentina offers a rare combination: top-tier quality at a fraction of the price. A rare moment where the stars—and the economics—align.
To make tasting these incredible wines easier, without committing to whole bottles, we’ve created a tube pack featuring an assortment of our favorite wines. Each tube holds a glass, letting you explore the range and discover the wine that speaks to you. And when you find one you love, you can follow it up with a full bottle.
In a world where we’re always on the lookout for opportunities—just like the ever-evolving Argentine economy—this is one you can savor.
And to make it even better, every pack comes with a $35 store credit for your next order—because great wine deserves a sequel.
So, raise a glass. To resilience. To opportunity. And to stories worth telling.
Salud,
Diego
