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No, that’s not really skyrocketing if your point of reference is other volatile things (stocks, crypto currencies, etc).



It's skyrocketing for a real good that people consume in the everyday of industry.

Not some silly fantasy speculation good, like crypto or... overvalued stock.


Yeah I don't have much of a quibble with calling those prices as being "skyrocketing" particularly if you look at the 25 year history. Those prices were very high.

Although it just "cratered" or "crashed" back down to entirely normal. Doesn't look like there's any oversupply glut causing it to overshoot to the downside. Lumber companies will have to learn to make do with charging the same prices they charged before the pandemic.


“skyrocketing” is a subjective term. It doesn’t matter if it’s something consumed every day. What one person considers sky rocketing for a price will be different than another.

> Not some silly fantasy speculation good, like crypto or... overvalued stock.

Apple is not a “silly fantasy speculation good” anymore than a lumber futures contract.


Your point of reference for a commodity should be the amount of money the buyers who need the commodity have.


They clearly have a fuckton because they supported the price rally all of the way up.




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