shah82 wrote:That depends on you knowing what a higher end producer is and can discover and buy their teas. There are plenty of people pricing their teas like they're somebodies when they aren't.
shah82 wrote:Much of that info is out of date.
In general, I'd pretty strongly advise that you should expect puerh to decline in value, and most of it returned to merely a hot drink, while the good stuff decreases in availability and liquidity.
As for Lao Banzhang, the price is simply too high. 2003 Banzhang cakes have serious attempts at being sold for $3k, for example.
shah82 wrote:I think Dayi.
shah82 wrote:Of course, this has a lot to do with China's current issues with the populace and other entities being unable to save or invest productively under a system of financial repression. It's a matter of waiting for the big deflation in the rest of China before puerh prices for new tea comes down, and I have every reason to believe that this will come. Of course, the money is made on guessing the right timing.