Skip to comments.Rice Takes Out December 2009 Highs, Next Stop: $20, As China Distributes Fake Plastic Rice
Posted on 02/03/2011 9:44:28 AM PST by mojito
And so the tide rising all commodities keeps coming: rough rice has just passed its December 2009 high and is now at its highest since October 2008. When we predicted on Monday morning that "rice is next", little did we think that it would be up by 11% in 4 days. And with this important resistance level broken, it is smooth sailing to the next two resistance levels of $20 and $24. Of course, Bangladesh will be in flames long before any of those are hit. But a speculator has to eat, right. After all, none of this is Gen Ben's fault.
And for those curious how China is dealing with multi year rice price highs, here is a tip, via Very Vietnam:
Fake Plastic Rice from China
According to the Korean-language Weekly Hong Kong (which many Vietnam websites are referencing as well), Singapore media claim that fake rice is being distributed in the Chinese town of Taiyuan, in Shaanxi province. This rice is a mix of potatoes, sweet potatoes, and plastic. It is formed by mixing the potatoes and sweet potatoes into the shape of rice grains, then adding industrial synthetic resins. Since the rice does not behave like normal rice, it stays hard even after it has been cooked. Such synthetic resins can also be very harmful if consumed.
(Excerpt) Read more at zerohedge.com ...
Looks like the only safe food to eat these days is dog kibble.
Oh, wait... ;)
Isn’t the ‘age of Obama’, grand?
Theres truly nothing that China wont counterfeit, forge, copy, steal, lie about, or otherwise defraud.
That’s one way to keep healthcare costs down, eh?
Why should we expect any different from the ‘world community’, with the Pansy in Chief in charge...what’s he going to do when they pull stuff like this, cry all over them?
Gold jumped $20 at noon today. The other metals are up strongly. Other commodities are not doing anything so not sure what to make of the move in gold and the metals.
NO joke, not kidding.
Fear not GM corn to replace both. /s
Rule #1 - Never trust any food products from China.
Chinas been stealing and defrauding way before Obama came into office.
This rice is a mix of potatoes, sweet potatoes, and plastic.
Sounds like the ingredients for a Taco Bell burrito.
The end game is to ulitmately make fake chinese.
this must be a cue from China to invest in plastic?
If they could make this a safe food, the benefits would be enormous. Thinking weight loss here.
But their strategic opportunities have never been greater since Barrack came in... They sense, nay, they know, they can now get away with just about anything.
The Department of Commerce Secretary Gary Locke was a paid lobbyist and operative of Chinese (government-owned) companies just prior to taking the job in the Obama cabinet. And since 2008, China's progress towards world currency domination, and holding the US by the gonads via economic power (AKA blackmail) has been undiminished.
I agree with Rule #1. There is doubt the Food Safety Bill, or is it a law now, covers this, unless we are being ordered to import more from China?
Yep, starvation certainly has a tendency to promote "weight-loss."
LOL! You have to include food with sustenance as well. The rice is just a filler. Sates the user. And, it is reusable, should the user want to go that far.
lol, the ultimate reusable roughage cleanout...
Yes, but it would give new meaning to “violent diarrhea”.
Haha. Yes, only the fiber is no longer organic, but plastic fiber.
I try not to buy Chinese, but I can't find any canned or jarred mandarin oranges that aren't from there, and I really love them. I rationalize buying them anyway by telling myself Rule #1 only applies to PROCESSED food.
Yeah, but think about the dental bills.
I have seen the truly poor in both Africa and South America patty moist dirt and sawdust with a ground weed that adds a little sweetness to the mix and feed that to their family.
To be honest though if the plastic “binders” get passed through while the carbohydrates and vitamins in the potato starch dissolve in the stomach then this could be a big thing for them.
As far as plastic goes if you ever knew what margarine was made from you would realize there isn’t much difference from it and plastic either, that’s why I still only eat real butter.
We grow Mandarin Oranges in the US south except we call them Satsumas.
"While the species originates from Japan, it does not originate from the Satsuma Province in particular. The towns of Satsuma, Alabama, Satsuma, Florida, Satsuma, Texas and Satsuma, Louisiana were named after this fruit. By 1920 Jackson County in the Florida Panhandle had billed itself as the "Satsuma Capital of the World."
I think fat-free mayonnaise is in the same category.
May get to the webbot stuff before class. If not, after.
Fat-free mayonnaise could be worse - they could’ve put that Olestra stuff in it.
Feed the kibble to the dog. Eat the dog.
It's an extra layer of protection.
..(1)...harvest the acorns this year....
(2)...look up Native Indian recipes for Acorn flour.
[shudder] Fat-free mayonnaise? [puke shudder] Why in the world would you say such a thing in a family forum?
I make my own mayo and can’t imagine how to do it without the fat.
2. Shell the acorns. When dry, many will open themselves. If you wait for them to dry out, make sure that they get plenty of air, you don't want them to rot. If you have a dehydrator, you may consider speeding the process. Keeping them in the oven may work too if it has a pilot light.
3. Grind the acorns. You can grind them in a food processor, or another option is to put them up in a blender with some water. Don't be stingy with the water, you'll be rinsing them out several times before your flour is ready. Think acorn smoothie.
4. Rinse out the tannins. Acorns contain tannic acid which is bitter, and not good for your kidneys (or iron absorption). The good news is that it is water soluble and easy to remove. If you made acorn mush, drape a cotton dishcloth over a deep bowl, pour in your mush and rinse it with warm water. Wring out the mush by bringing the corners of the towel together and twisting. Taste the mush, if bitter, repeat.
5. Dry out the mush. Next spread the mush out on a cookie sheet and either leave it in the sun on a hot dry day, put it in your dehydrator, or put it in your oven after baking some cookies or something and let the residual heat do the job. Stir the mush occasionally to speed the process. If it clumps up and looks like ground beef, it is probably going well.
Just a rumor started in Singapore so that Soros can make a killing in the rice market?
Hmmm... Our property is covered with oak trees, but I’d hate to starve all the squirrels that they support. And the little dickenses have sharp teeth. Fighting them off might be a problem.
They clean up all the acorns from the entire six acres every year.
I still have the rice (in the freezer) that I bought for the 2008 famine.
I'd make biscuits with the acorns to sop up the squirrel gravy!
Then what will we do next year?
LOL, true story - My wife bought this new cereal home one day and I was out of my sugar coated corn flakes I eat all the time so I poured my usual giant bowl of hers, half a cup of sugar, and took off for work like I always do.
Dear Mother of God does that high fiber stuff work, I spend half the damn day hanging out in the john hoping no one came in while I was there.
She still laughs about the phone call she got from me that day....
The same thing. You don't kill ALL the squirrels nor harvest ALL the acorns.
Well, there are always the deer, I guess.
I hope that you realize that I’m teasing you.
Your tannin-removal instructions are appreciated, and we truly do have enough acorns to keep from starving if it comes to that here.
In California, we had two olive trees in our front yard, and I learned how to process them because they are also very bitter uncured.
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