Forget the Bottle, Invest in Whisky by the Barrel
- Price gains for Scotch more than double gold, silver since ‘09
- Investors drawn to whisky exchange by appeal of hard assets
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Nigel Isherwood was so concerned about the fate of the global financial system last year that he turned to booze.
Since July, Isherwood has used a U.K.-based exchange to buy 41,000 British pounds ($51,300) of unbottled whisky still maturing inside 200-liter (53-gallon) oak casks -- a bet that the Scotch will increase in value over time. His portfolio also includes fine French wine and precious metals. He sees those non-traditional assets as a financial hedge, especially if inflation takes off.