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Thread: Lumber prices, wow!

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    Unobtanium EE_'s Avatar
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    Gold ImaCannin's Avatar
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    Re: Lumber prices, wow!

    6 days ago Lowe’s had 1/2” OSB 4 x8 sheets for a mere 49.95.
    That is up from 7.00 a year ago.
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    Unobtanium osoab's Avatar
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    Re: Lumber prices, wow!

    Heard from another.

    A builder in NC (on the east coast definitely) their supplier is getting quotes for 1/2 OSB @ 70 frns per sheet. That is supplier cost.
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    Great Value Carrots
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    Re: Lumber prices, wow!

    Isn't this why you stuck money into silver? To combat higher prices?

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    Re: Lumber prices, wow!

    I have somewhere around 150 sheets of 1/2" plywood. Maybe it is time to sell some. I have around 2000 sq ft of tongue and grooved maple flooring. I wonder what it is worth.
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    Unobtanium Shami-Amourae's Avatar
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    Re: Lumber prices, wow!

    At the current rate it will be cheaper to build houses out of Gold, since Gold is locked at $1700 in an inflationary environment.

    Commodity prices over last year...
    Lumber: +265%
    WTI Crude: +210%
    Gasoline: +182%
    Brent Crude +163%
    Heating Oil: +107%
    Corn: +84%
    Copper: +83%
    Soybeans: +72%
    Silver: +65%
    Sugar: +59%
    Cotton: +54%
    Platinum: +52%
    Natural Gas: +43%
    Palladium: +32%
    Wheat: +19%
    Coffee: +13%
    Gold: +3%

    Never take financial advice from Boomers.
    Gold hasn't kept up with inflation in over 10 years!!!


    Just a tip from a Millennial: Put a picture of a Shiba Inu on your Gold coins, and MAYBE they will have value.


    Better inflation hedge than Gold.

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    Unobtanium EE_'s Avatar
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    Re: Lumber prices, wow!

    Quote Originally Posted by Shami-Amourae View Post
    At the current rate it will be cheaper to build houses out of Gold, since Gold is locked at $1700 in an inflationary environment.

    Commodity prices over last year...
    Lumber: +265%
    WTI Crude: +210%
    Gasoline: +182%
    Brent Crude +163%
    Heating Oil: +107%
    Corn: +84%
    Copper: +83%
    Soybeans: +72%
    Silver: +65%
    Sugar: +59%
    Cotton: +54%
    Platinum: +52%
    Natural Gas: +43%
    Palladium: +32%
    Wheat: +19%
    Coffee: +13%
    Gold: +3%

    Never take financial advice from Boomers.
    Gold hasn't kept up with inflation in over 10 years!!!


    Just a tip from a Millennial: Put a picture of a Shiba Inu on your Gold coins, and MAYBE they will have value.


    Better inflation hedge than Gold.
    None of those thing on the list are storable except precious metals. When I started buying on May 10, 2004 gold was $375 and silver $5.51 an ounce. They have gone up 500% since then, so not a total bad bet on something you can hold in your hand.
    DON'T TAKE THE VACCINE!

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    Great Value Carrots
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    Re: Lumber prices, wow!

    Quote Originally Posted by Shami-Amourae View Post
    Put a picture of a Shiba Inu on your Gold coins, and MAYBE they will have value.
    Thats what Dodgecoin (and Bitcoin) branding and advertising did!
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    Unobtanium PatColo's Avatar
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    Re: Lumber prices, wow!

    heh, Really Graceful did a vid on lumber prices today... not her usual style of vids!

    8m 24s

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    Unobtanium PatColo's Avatar
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    Re: Lumber prices, wow!

    As Wood Prices Surge 400%, Hemp Homes Are Cheaper, More Efficient, and CO2 Negative

    June 2, 2021 renegade 0 Comments

    Renegade Editor’s Note: The whole “reduce your carbon footprint” movement is a PsyOp, but that does not change the fact that hempcrete is awesome.

    By Matt Agorist

    This time last year, the price of lumber was $300 per thousand board feet. In only a year, the price has shot up over 400% to $1,686 for the same amount. According to the National Association of Home Builders, the surge in lumber prices has added nearly $39,000 to the price of an average new single-family new build home and about $13,000 to a multi-family home.

    moar
    http://www.renegadetribune.com/as-wo...-co2-negative/

    ^ me thinks they mean > 500%, yes?

    & re
    "$39,000 to the price of an average new single-family new build home and about $13,000 to a multi-family home", aren't "multi-family" homes bigger than single-fam?
    FAKE "ELECTIONS" - Why Ron Paul Can't "Win"

    "If telling the truth marginalizes you, then that is the place to be. After all, if enough people are willing to be marginalized, then before you know it, society has developed a different center. This is the politics of truth." -- E. Martin Schotz

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