2011 Gold Dayi Raw Puerh vs. Gold

[auhckw]

2011 Gold Dayi Raw Puerh vs. Gold

Just for fun, let's see how this goes in terms of price appreciation... will update it every few months

2011 Gold Dayi Raw Puerh


Gold

[auhckw]

Date: 5th August 2011

2011 Gold Dayi Raw Puerh
1 beeng = ¥210 / MYR 98.00 / USD 32.57

Source:


Average price from:
http://search.taobao.com/search?q=%B4%F ... 4%F3%D2%E6

Gold
1g = MYR 164.03 / USD 54.53

Source:


http://www.pbebank.com/en/en_content/pe ... nvest.html

[auhckw]

6th August 2011

2011 Gold Dayi Raw Puerh
1 beeng = ¥256.91 / MYR 120.00 / USD 39.89

[zencha]

Fun idea ! By the way , how's the tea ?

[MarshalN]

Given how gold is one of the worst investment vehicles on the planet, it's not much of a comparison

[auhckw]

Fun idea ! By the way , how's the tea ?

http://www.teachat.com/viewtopic.php?f= ... 65#p204065

[auhckw]

Given how gold is one of the worst investment vehicles on the planet, it's not much of a comparison

http://en.wikipedia.org/wiki/Gold_as_an_investment

[gingkoseto]

Given how gold is one of the worst investment vehicles on the planet, it's not much of a comparison

It's the best during the bad times, as seen in the past thousand years

[gingkoseto]

Anything a factory can produce as much as they want, can't be comparable to gold.

[entropyembrace]

Anything a factory can produce as much as they want, can't be comparable to gold.

except the earth is finite....so there´s a limit on how much puerh (or anything else) you can grow to input into the factory.

Also I believe the chart about the price of gold that was posted doesn´t reflect the increasing value of gold...it´s pretty constant...it reflects the decline of the US dollar.

[shah82]

Yeah, we'd have to do ratio, either with basket of currency or oil.

[auhckw]

Saw these photos in a china forum... look at the colour of the brew 1 -> 6... consistent and darker than usual young raw...

*Photos not mine...

[MarshalN]

Saw these photos in a china forum... look at the colour of the brew 1 -> 6... consistent and darker than usual young raw...

*Photos not mine...

There are some serious white balance issues in these pictures -- they slant red.

On the point about gold being a good investment -- since 1975 gold has grown about 10x in value. So, if you have a savings account that paid you 8% a year, compounded, you'll get the same return. There are many, many, many other investments that have had much better return than that.

[Drax]

The 2011 Gold Dayi just popped up at The Dragon Tea House for $69.99 USD, so I thought I would bump this old thread...!

[auhckw]

At the moment, List price here is MYR130 (USD 46.50). Didn't go up much yet, but hard to find the stock also. I think sellers are holding stocks themselves and waiting for this to increase.