On 2015-04-08 08:58:21 +0000, Dario Niedermann said:
It seems like this is likely to be pretty pervasive. I also suspect
that puerh teas are upgraded by the substitution of a new wrapper as
Popular puerh manufacturers have been taking steps against this such as
placing the tea in a sealed plastic bag with tiny air holes, and also
boxing the teas and affixing holographic sticker seals. These may be
effective to some degree but as time goes on, I think it's probable
that the situation will get much worse.
Stock up now - pherh improves with age, will never get any cheaper, and
is likely to be a better long-term investment than stocks and bonds.
Oregonian Haruspex writes:
But it isn’t that simple. A lot of people in China acted on that theory
in the early 2000s. There was a speculative frenzy now known as the
Pu’er Bubble. It ended just about 8 years ago, wiping out a large
number of people. A good place to read about this is “Puer Tea:
Ancient Caravans and Urban Chic” by Jinghong Zhang.
On 2015-04-10 13:43:59 +0000, Lewis Perin said:
Thanks for the book recommendation - puerh literature is very difficult
to get in English.
I was aware of the puerh bubble but I didn't know that people were
wiped out financially. It would be interesting to see how and why,
especially seeing the kinds of prices that good 10+ year old puerh can
fetch these days.