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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: TobagoJack who wrote (90675)	5/28/2012 12:17:38 AM
From: Snowshoe	Read Replies (2) of 217792

>>as the waters on both sides of the globalization dam equalizes<< Yep, Chinese and Russians are paying high prices for the lowly muskrat... :o) Muskrat Love: Exuberant Demand Pays Off for Great Lakes Fur Trappers online.wsj.com CALUMET, Mich.—The North American muskrat market has been booming, thanks to soaring purchases by Chinese and other newly rich nations that need muskrat fur to line coats and footwear. Specifically, they want muskrat bellies, the felt-like fur that is practically impermeable to moisture. At $10 per pelt—five times what muskrats fetched in the 1990s—pelts were trading at new highs when bidding for last season's furs ended in June. ***** Furs of all kinds have staged a global comeback. Industry experts peg annual world-wide retail fur sales at $15 billion, almost twice what was sold in 1999. Rising consumer spending in China and Russia spurred fur's torrid comeback, and lifted prices for everything from ranch mink to wild beaver, fox and raccoon.

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