We love to have breakfast for dinner at our house, and one of our favorites is biscuits and gravy. This creamy chipped beef gravy is delicious over homemade buttermilk biscuits or soft rolls, or you can serve it over toast.
Soak 4.5 ounces dried beef in 1 cup water for about 15 minutes to reduce the saltiness. Drain and discard water.
Tear or chop beef into bite-sized pieces; set aside.
Melt 4 tablespoons butter in a large skillet. Over medium heat, stir in 4 tablespoons flour and continue to cook, stirring constantly, for 1 minute. Gradually add 4 cups milk, a little at a time, stirring constantly with a whisk.
After all milk has been added, add 2 teaspoons beef bouillon granules and cayenne pepper to taste. Simmer over medium low heat, stirring frequently, until thickened to your preference.
Add beef and heat through. Serve over toast, rolls, or biscuits.