"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat
Evil talks about tolerance only when it’s weak. When it gains the upper hand, its vanity always requires the destruction of the good and the innocent, because the example of good and innocent lives is an ongoing witness against it. So it always has been. So it always will be. And America has no special immunity to becoming an enemy of its own founding beliefs about human freedom, human dignity, the limited power of the state, and the sovereignty of God. – Archbishop Chaput
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Fine Steaks are becoming a Luxury Item
Fat cattle prices are at an all time high with demand for beef not letting up as strength in the US export markets (thanks in part to the falling US Dollar) in combination with a smaller supply has sent cattle prices rocketing.
My conclusion - if you are a deer or an elk, be careful showing yourself in public!
Dan, you should go back and read this. I'd say that this is just the beginning.
ReplyDeletehttp://tfmetalsreport.blogspot.com/2011/02/preparing-accordingly-ii.html
The calf crop is the lowest in 50 years and the US population is double. Its the most powerful set of circumstances in cattle that is even imaginable. Throw in a dab of high corn prices, of debt that will devalue the dollar for decades, QE as far as the eye can see, a congress spending like a druken sailor, and a rising world population, and cattle is just plain wildly bullish. Period.
ReplyDeleteWith everyone onboard the metals and commodities, now is a perfect time for TPTB to have a dollar rally.
ReplyDeleteAnd just a few years ago I thought my lifelong passion for hunting, fishing and veggie gardening were just for recreation with a nice fringe benefit of good eatin'. With fast-rising inflation it looks like these activities just turned into a more serious pursuit of dinner.
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