Be a voice, not an echo.
by Kimble Charting One of the over-looked commodities and economic indicators is Lumber. And more specifically the price of lumber. The price of lumber has been on the rise since the
Lumber prices have tumbled 70% in the last 14 weeks following a blistering rally Starting its ascent in late October 2020, lumber climbed to a peak of $1,711 over the
Inflation has been surging in the prices people pay for things whether that’s housing prices, real estate, stocks, lumber, copper, food prices, car prices. Value stocks have seen more inflows
Lumber Prices Slump As Historic Boom Hits A Wall Lumber futures on Chicago Mercantile Exchange fell -3.1% to $1,284.20 per 1,000 board feet, extending last week’s first loss since January.
www.zerohedge.com/personal-finance/housing-hubris-mortgage-apps-plunge-despite-homebuilder-euphoria
“At a time when soaring lumber prices have added nearly $36,000 to the price of a new home and priced millions of middle class households out of the housing market,
So when does the first story break that some hedge fund guy was secretly paying the lumber mill to burn all their lumber thus limiting supply and driving prices higher?
by confoundedinterest17 U.S. lumber futures rallied as much as 4% to $1,541 per 1,000 board feet Wednesday, the highest ever for a most-active contract. The surge came as voracious home-construction and renovation demand
MINNEAPOLIS (WCCO) — Your grocery list could be eating away at your budget, without you noticing. Nearly everything at the store, from beef and cereal, to fruit and veggies, costs
One of the most important things we’ve learned over the past year is the vulnerability of global supply chains. Most notably, supply disruptions of lumber have catapulted prices to the
by Michael Snyder Do any of you remember when you could buy an entire house for $35,000? There was a time in America when middle class Americans could buy a
The US housing market bubble is running out of control. A growing number of experts have been warning the Federal Reserve has been blowing the current price bubble by keeping
I looked up what AMericans are paying for plywood and it is insane…is this a repeat of the ‘gas crisis’ which was staged? People who work with lumber are being
by Tom McClellan The lumber futures market is a pretty thin market, with only around 3,000 contracts open. Compare that to the eMini SP500 futures contract, which has 2.6 million contracts
Watch the latest video at foxbusiness.com Soaring lumber prices are holding back a U.S. housing market. The number of building permits issued in March rose 2.7% month over month to a
ENDLESSS #liquidity! pic.twitter.com/L1zl4hHzJy — jeroen blokland (@jsblokland) April 7, 2021 M2 MONEY SUPPLY 😱👇👇👇 pic.twitter.com/kjVrYlQMlf — Win Smart, CFA (@WinfieldSmart) April 8, 2021 #copperChile produces 28% of the World's copper.
View post on imgur.com The Wildest Home Buying Binge In U.S. History Has Pushed Home Prices To Hyperinflationary Levels April 4, 2021 by Michael Snyder The primary reason why home
by SUPER_swan This weekend I went and bought some Plywood for the house. I couldn’t believe how much I had to pay for some simple 2’x4’s. The price has gone
The cost of lumber has gone up 188% since the beginning of the pandemic, which raises the cost of new builds and could price out some homebuyers. SKAGIT COUNTY, Wash.
