Loading ...Speaking of uprisings lumber futures, and the cash lumber market have gained 34% in a single week. You have to let that sink in for a moment. It’s the largest single weekly gain in the history of lumber, and certainly one of the biggest weekly gains in ANY commodity, ever. To get a perspective of the enormity of the move you have to imagine gold rising from $1350 to $1810 in a week. A comparable silver move would be from $14.96 to $20.05. Anybody who thinks it CAN’T happen in the metals is wrong, and lumber just proved it. Lumber didn’t rise 34% in a week due to demand. In fact demand is tepid at best. The single factor triggering the rise in lumber was the constriction of available physical supply. With the multi-decade gold and silver suppression scheme in its late stages gold and silver could easily attain their meteoric lumber moment.