The state in Brazil called Bahia has been suffering massive flooding in recent weeks because of the bursting of a series of dams in the northern parts of Bahia.
In addition to the displacement of thousands of residents, there have also been landslides and literally whole towns and entire regions are still under water.
Earlier this year, the major coffee-growing region of Minas Gerais - which is the state on the southern boundary of Bahia - was struck by unusual frost, destroying 30 percent of the coffee crop.
Is still more valuable than gold. |
Since at least 2018 in fact, there has been nothing but a continuing set of incidents, mostly of natural disasters until this last one that has to do with the structural collapsing of several very large dams all at the same time.
Can the world price of coffee survive all of this - all of these accidents?
Well it can, because the World Federal Reserve Coffee Board simply creates and issues whatever amount of coffee that the global market needs in order to assure supply. It does this by 'manifesting' fully and properly fermented coffee beans - all of the highest grade, 'high grown' Blue Mountain Arabica type - and whenever necessary, there are also 'back room' departments in which this supply of beans is roasted by specialty roasters to absolute perfection. All of this is so that the world supply can always be guaranteed, at the permanent highest quality, and with prices that can be stabilized at all times. (There are still coffee 'traders' but because the prices are controlled, most traders always lose money and the biggest ones are continuously bailed-out by the WFRCB in order that there can be an 'organised market' for coffee producers and coffee wholesale pricing).
Additionally, the WFRCB ran a series of important global 'stress tests' among all of its registered distributing houses, and, although they acknowledged there was pressure from a new technical development known as 'crypto-coffee,' nevertheless they were assured from the stress test exercises, that they would certainly be able to totally control the whole world and that nothing at all would upset their apple-cart, so to speak -, or as in this case, the coffee cart-el.
Conspiracy theorists had been promoting a false story that the world's premier leading scientist Dr Anthony Fauci, had successfully conducted some interesting experiments with funding from the US Congress, and that he had been able to create in a secret laboratory, a coffee bacteria which was deadly to drinkers but which they could not avoid ingesting because of course, coffee is addictive.
...And gold! |
According to these same conspiracy theorists, originally, Dr Fauci had worked on a patented antidote (which patent he shared in his own personal name along with financial backers George Soros and Bill Gates) that was able to be added to the coffee as a white milk substitute - but his marketing department vetoed that idea because of course, milk is racist.
As at this current moment, the US Congress has passed vital legislation implementing a raft of laws with severe penalties for anyone caught promoting or spreading any such false conspiracy stories about the coffee market, or Dr Fauci or anyone formally registered with the WFRCB - other than as legitimate news items to be covered only by legitimate news outlets with the view of alerting people to the dangers and risks of false information about coffee.
Dr Fauci has recently been on record as stating quite categorically, that he does not have any such 'coffee bacteria' or any other form of biological medium that involves coffee and the global coffee crop, and that everyone should simply rest assured, and take his word for it, that coffee prices will always remain low and stable at these low low prices for ever - and that any false stories in social media to the effect that he has personally been buying coffee futures, are all outrageous lies.
Better than gold, and saffron - even Persian red saffron! |
He was in favor of the idea of a US Presidential decree, making it a Federal offense for anyone to be caught hoarding stockpiles of coffee in order to make a quick buck from profiteering when, sorry, in the impossible event that, coffee prices should ever go up at any time at all in the future; now, soon, or even at all ever. And he was also in favor too, of the proposition that Federally-funded black-masked jack-booted thugs should go door-to-door, enforcing such rules and laws and decrees, and that these heroes should be fully-armed with tasers and semi-automatics that could and should, be deployed against the children of any miscreant parents, in order to 'teach them a lesson about who's boss around here.'
Apparently, according to the US academic Carroll Quigley, democracies come about when private people have access to the best weapons and use them...
Havana Syndrome anyone?
...Still do not hear the knocking of the FBI on my door.
And what they don't know won't hurt them.
'Transverse audio waves,' eh. LOL
If things were not 'on hold' for right now... I mean, hey, you gotta buy some coffee, right.
Current coffee futures is at the 25 year mid-point at around $2.30 a trade unit (230 US cents per pound). The full contract physical form is 37,500 pounds (of 'green bean' coffee). But I would go down to your local shop and just buy a bunch of coffee in jars or tins.