of Mice, Men, Gold, Russians & BBQ yellow fat v white fat
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lemetropolecafe.com
The James Joyce Table
Gold, Commodities, Midas du Metropole
Topic du Jour
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The Gold Anti-Trust Action Committee has done its best
for years to warn the American public what is going on,
but the U.S. financial press will not allow us to be heard.
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Whatever happened to America’s free press?
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Another cherished American principle bit the dust,
gone down the drain in this land of the rigged market.
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Ironically, I received a call this morning from Moscow
from a very respected gold producer CEO. He called
to tell me of a big spread in a prestigious Russian magazine
that featured significant GATA coverage, naming names, etc.
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The web address is ruspred.ru
but it is in Russian.
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He was ecstatic.
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GATA can be heard in Moscow, but not New York
or Washington. What a revolting state of affairs!
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Meat prices... enormous amounts of cattle being sent
to market because there is either no pasture, no silage,
and no prospect of baled hay for over-wintering.
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The land can no longer support the number of head of cattle
it is being asked to do when conditions are this dry,
and the farmer has no choice, and off to market they go.
... before the cattle can "go to market" they have to go
through a process called "cattle on feed", where the animal
is grain and chemical fed to change its normal yellow fat
to white fat, and to remove the "gamey" taste the meat
would have if the cattle were slaughtered right off the farm.
... has to look good on the shelf... and smell like "beef"
when it's cooked on the BBQ. Mostly what cattle are fed
is a mixture of corn, soybeans and some grains...
but mostly corn... check the current price of these...
Any questions?
The real crunch will come next year when all the cattle...
The farmers will be in the process of rebuilding their herds
... the process takes years, and he's not going to be selling
his breeding stock while he's in the process of doing that.
It's like eating your seed corn.
You are looking at the last of cheap beef... |
