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To: Navy Patriot

A few months ago lumber prices were surging ... now back to normal at a third of that price. Sellers made a bundle then.

Time to think about selling energy futures when it starts hitting the news, but not quite yet ... almost ...

That’s the way commodity markets work.


15 posted on 09/26/2021 9:28:50 AM PDT by bankwalker (groupthink kills ...)
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To: bankwalker

“That’s the way commodity markets work.”

Well said. You might, also, have added the possible dark sides of the issue though. One in that a shortage creates mass buying at premium costs, and two, is it a shortage or an invented effort advertised by those that would profit created by cancelling the source availability while placing themselves in the line of profit? An example is in the Ukraine with Burisma.

We don’t know how many people have got their hands in the pot in this country. But you can probably guess that there are a lot of natural gas and petroleum futures already in the pockets of select people that have the ability to manipulate them. And they hunt in packs so there are probably a lot of them.

wy69


18 posted on 09/26/2021 10:27:05 AM PDT by whitney69
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To: bankwalker
That’s the way commodity markets work.

We could drive the price of fertilizer down by making large quantities of it

... out of Marxist Democrats ...

21 posted on 09/26/2021 11:31:39 AM PDT by Navy Patriot (Celebrate Decivilization)
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