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...roller-coaster ride. Some Chinese buy tea as an investment, much like Europeans buy wines. In the early part of the decade, thousands of cash-rich urbanites poured their savings into the Puer, causing prices to double, then triple. "People were buying anything," says David Lee Hoffman, a California collector. By 2007, the finest aged Puer was - quite literally - worth its weight in gold. As demand soared, however, quality suffered, fakes flooded the market and prices fell...

Author: /time Magazine | Title: Puer Tea: China's Next Hot Commodity? | 8/25/2009 | See Source »

...Experts also have doubts that Chinese regulators can get enough control over the Puer market to build a premier brand. Beijing's standards only apply to domestic producers; competitors in Vietnam, Sri Lanka and Burma can continue to grow and sell their own "Puer" tea. Hoffman, the collector, predicts that fakes will persist and urges caution. "This has always been a buyer-beware market, and it will always be thus," he says.(Read "Will China's New Food-Safety Laws Work...

Author: /time Magazine | Title: Puer Tea: China's Next Hot Commodity? | 8/25/2009 | See Source »

...growing up but gave up their dreams of being rock stars themselves to get a job and make money, and now that they have it, they're kind of recapturing their youth through the instruments and articles of their icons,"says Laura Woolley, an entertainment memorabilia appraiser at the Collector...

Author: /time Magazine | Title: Michael Jackson, Woodstock Spark Surge In Memorabilia | 8/23/2009 | See Source »

...Guns N' Roses music video "November Rain" was inspired by a short story he read by a little-known writer named Del James in 1995, sales of the book,"The Language of Fear," took off. When the book went out of print two years later, it became a rock collector's must-have, with copies of the $5.50 book fetching between $150 and $400 on eBay for years. Last year, the publisher decided to re-release the book with a new cover, but the first edition still remains a highly-sought-after collector's item...

Author: /time Magazine | Title: Michael Jackson, Woodstock Spark Surge In Memorabilia | 8/23/2009 | See Source »

Palin, one-more-week-of-being Governor Sarah • description of by Mike Murphy as "the political train wreck that keeps on giving" • description of by Peggy Noonan as "the most careless sower of discord since George W. Bush" • description of by Thomas Frank as "a collector of grievances. She runs for high office by griping" • just plain weirdness of • mutual love of firearms of Ted Nugent and • Op-Ed piece is "written by" warning about the dangers of the Obama energy plan previously supported by • thinning hair of • tweets about bears...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 7/17/2009 | See Source »

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