Mike Mann registers 14,962 domain names in 24 hours

Mike Mann

Mike Mann has been snapping up Internet domain names and selling them off to the highest bidder for years.

Mike Mann is one of the longest members of the world of domain speculators, and he’s buying up names in force these days. Not all of them are on the aftermarket, as some other speculators buy domain names. They are new names. Dot-com names that aren’t registered — even though 100 million-plus already are — that he then turns around and sells for a few hundred bucks, sometimes far more.

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Garlic – China’s Hottest New Asset

garlic
Farmers select garlic for packaging
Shao Mingqing was a jobless young man from Shandong province with only a junior high school diploma when his luck turned around a few months ago with the skyrocketing price of garlic.  The 22-year-old Shao now drives an 180,000-yuan Toyota he bought with the money he made on the garlic market.
 
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The Cost of Greed – Speculators in the Global Food Crisis

 The Cost of Greed - Speculators in the Global Food Crisis

 Profiting off of peoples hunger is a ticking time bomb

Vast amounts of money are flooding the world’s commodities markets, driving up prices of staple foods like wheat and rice. Biofuels and droughts can’t fully explain the recent food crisis — hedge funds and small investors bear some responsibility for global hunger.

Continue reading… “The Cost of Greed – Speculators in the Global Food Crisis”

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