Does Red Meat Cause Cancer?

I am an Italian American and my family predominately eats red meat via pork and beef. I haven't heard of any of them dying from Colon Cancer or anything like that. I eat around 5-6 meals a day...all red meat. I wanted to know if the this is a fact or myth. If this is a fact I am going to be in trouble because I don't think I can eat anything else. Please save all the stupid responses for some other post!