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Buygold @ 17:26 re Lumber is up 240% (fed notes) in the last 5 months

Posted by Mr.Copper @ 21:52 on August 27, 2020  

There is zero stability, with any commodity prices, when they are being price manipulated on the futures market, until the distortion causes a big sudden up or down move. Oil? We saw up to $145 causing down to $28. Dollar? Wesaw 120 go down to 72 with $145 oil.

With Gold in an uptrend, many things are cheaper if bought with Gold.

Lumber 100 in 1975 plus 800% equal 800 lumber today re chart:

https://www.mrci.com/pdf/lb.pdf

Gold $150 in 1975 plus 1200% equal $1950 today re chart:

https://www.mrci.com/pdf/gc.pdf

Lumber 330 in 2015 plus 137% equals 800 today re chart:

Five years, lumber 332 in 2015, plus 140% equal 800 today re chart:

https://finviz.com/futures_charts.ashx?t=LB&p=w1

 

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.