Bourbon insurance wire?

[armorpl8chikn]

Jim Beam Warehouse Fire Destroys 45,000 Barrels (Published 2019)

Fire officials let the warehouse burn to avoid contaminating a creek that runs into the Kentucky River.

www.google.com

Insurance wire short?
Manipulating market?
Or horrible tragedy?
Not the first distillery tragedy in the last year.

 

[cornhusker86]

McConnel cocktail ?

 

[Maggot]

Prices go up, up, up.

Looks like Ill be drinking more wine.

 

[Bigfatcock]

Jim Beam is crap.

 

[armorpl8chikn]

Jim Beam is crap.

So is every other cheap bourbon. "Jim Beam" label isn't the only stuff they make. They make some excellent high end Bourbons.

 

[DarnYankeeUSMC]

So is every other cheap bourbon. "Jim Beam" label isn't the only stuff they make. They make some excellent high end Bourbons.

Back in my younger days I drank enough Jim Beam to support a small family. I still enjoy a glass today. It's like an old Blue jean jacket.

 

[Dewey7271]

Damn, that’s a shame. A few of those barrels may have become Bookers in 5 or 7 years. Heartbreaker.

 

[Slash0311]

Local news is saying runoff is going into the Kentucky River. I have a straw and heading that way.

 

[Greg Langelius *]

1% of inventory. Chill, Dudes, it's mosty all still there...!

Greg

 

[whatsupdoc]

That happened to Heaven Hill years ago and the distillate ran into the river causing some environmental issues.
That is probably why they will just let it burn.

 

[EddieNFL]

Jim Beam is crap.

I drink only the best. Everyone else drinks crap.

 

[armorpl8chikn]

1% of inventory. Chill, Dudes, it's mosty all still there...!

Greg

So you are seriously telling me, they have 4,455,000 barrels left in inventory?

 

[sirhrmechanic]

So you are seriously telling me, they have 4,455,000 barrels left in inventory?

They have 3.3 million barrels in inventory... so it is 1.5 percent.... America will recover!

Sirhr

 

[armorpl8chikn]

They have 3.3 million barrels in inventory... so it is 1.5 percent.... America will recover!

Sirhr

Thanks

 

[EddieNFL]

They have 3.3 million barrels in inventory... so it is 1.5 percent.... America will recover!

Sirhr

So what happens after Labor Day? Switch to whiskey?

 

[myronman3]

i am not scared. i have a pile of 40-55 year old beam in decanters. and it is unbelievably smooth. i dont tap into it very often, only special occasions. i should have more than enough to last me the rest of my days....unless i develop an extremely unhealthy habit.

 

[Unknown]

This just might be an idea...like buying life insurance for someone out side of your family. What if there was a way to buy distillery insurance in case anything happened to slow or halt production, or damage the aging product...then you could collect on your policy. Like Term life insurance, you would buy in for $100 or so to insure against anything untoward happening at the distillery or aging house for 5 years. If something happens, you get paid, and can then use that money to buy liquor...

 

[Greg Langelius *]

So you are seriously telling me, they have 4,455,000 barrels left in inventory?

Petty much...

Greg