Lumber Futures up 200% - Lumber mania is sweeping North America

I'm not bearish on the index. I'm bullish on sectors going up, which currently include commodities like lumber, and metals FCX X SLV GDX.

 

Metal or plastic?

 

Would anyone ever establish a short position in lumber futures 3-4 moths out?
The September ‘21 contract had a volume of 125 on Friday.
I know these are illiquid and thinly traded but there will always be buyers after prices normalize.

 

Perhaps a commercial, such as a mill, hedging.

 

probably, some people is doing the "God's work" like GS did with oil back then.

 

A millionaire drunkard...

 

Inflation raging everywere and the drunk fed printing to the sky . The fed must be brought to their knees to teach them the lesson since civilization started . You can’t print to the sky without retribution.

 

Lumber isn't the only thing increasing, so (as a former contractor) I would say that a 300% increase in the cost of lumber would easily suggest a $100k increase in total costs. Maybe more.

 

Is speculating in lumber futures out of the question due to liquidity?
not sure I am familiar with what GS did shorting oil in 2008?

 

Did you build only one price house?

I wouldn't think so.

So why say $100k increase when some houses are built at a cost of 100k (granted not many) and some at a cost of 1mill or way more?