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Prices are shooting up on goods #7206233
03/06/21 01:44 AM
03/06/21 01:44 AM
Joined: Feb 2014
Posts: 25,694
nm
A
adam m Offline OP
trapper
adam m  Offline OP
trapper
A

Joined: Feb 2014
Posts: 25,694
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Could it be from covid, the oil, the Texas storm? Who knows.
Did some shopping today most items had increased in prices. 1 example, 2 weeks ago I thought about getting some romex it was $54 for 250' today $67. Had to buy necessity household items at another store, I usually pay around $45-$50 today $60.

Re: Prices are shooting up on goods [Re: adam m] #7206259
03/06/21 03:15 AM
03/06/21 03:15 AM
Joined: Sep 2013
Posts: 10,404
Northeast Oklahoma
M
Mike in A-town Offline
trapper
Mike in A-town  Offline
trapper
M

Joined: Sep 2013
Posts: 10,404
Northeast Oklahoma
I'm not doubting you Adam, but Romex varies in price daily. You'll notice a lot of places won't advertise a price for it... They'll index it day by day. If the latest disaster caused a run on Romex it will go up... But it may drop again in a week or two.

A buddy of mine used to wire houses for a living... They'd wire about 340 to 350 a year. The company he worked for would buy wire once a year... The contractor would wait until a day when the price was good and buy a year's worth... He would buy 20+ pallets of the 1000 foot reels of 12/2 alone.

You get a good crew put together they'll have a house roped and roughed-in in under a day. If it's a new subdivision where all the houses are mirrors of 3 or 4 floor plans, it moves fast.

Mike


One man with a gun may control 100 others who have none.

Vladimir Lenin
Re: Prices are shooting up on goods [Re: adam m] #7206466
03/06/21 10:24 AM
03/06/21 10:24 AM
Joined: Sep 2010
Posts: 6,587
NC, Orange Co.
QuietButDeadly Offline
trapper
QuietButDeadly  Offline
trapper

Joined: Sep 2010
Posts: 6,587
NC, Orange Co.
When the price of gas and diesel goes up, everything goes up. Distribution is a big chunk of the price of goods and services. Elections have consequences!


Life Member: NCTA, VTA, NTA, TTFHA, MFTI
Member: FTA NRA NWTF
Re: Prices are shooting up on goods [Re: adam m] #7206529
03/06/21 11:16 AM
03/06/21 11:16 AM
Joined: Dec 2020
Posts: 493
Moscow ,Ohio
U
uglyduck Offline
trapper
uglyduck  Offline
trapper
U

Joined: Dec 2020
Posts: 493
Moscow ,Ohio
crude oil is the life blood of modern life , gasoline /diesel /jet fuel /plastic/ asphalt/ fertilizer/tire's/on and on. thank a democrat the next time u open your your wallet and see less green in it .

Re: Prices are shooting up on goods [Re: adam m] #7206540
03/06/21 11:31 AM
03/06/21 11:31 AM
Joined: Feb 2014
Posts: 25,694
nm
A
adam m Offline OP
trapper
adam m  Offline OP
trapper
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Joined: Feb 2014
Posts: 25,694
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Mike, that's very interesting, thanks. I did not know romex fluctuates like the stock market. I noticed both orange and blue box stores were close in price changes. I hope it drops again soon I need to get a bunch of wiring done in the garage. I need to run several outlets and lights move the light switch and and garage door opener.

Yup oil prices impact everything.

Re: Prices are shooting up on goods [Re: adam m] #7206548
03/06/21 11:38 AM
03/06/21 11:38 AM
Joined: Dec 2010
Posts: 34,872
Central, SD
Law Dog Offline
trapper
Law Dog  Offline
trapper

Joined: Dec 2010
Posts: 34,872
Central, SD
[Linked Image]


Was born in a Big City Will die in the Country OK with that!

Jerry Herbst
Re: Prices are shooting up on goods [Re: adam m] #7206556
03/06/21 11:45 AM
03/06/21 11:45 AM
Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
G
Gary Benson Offline
trapper
Gary Benson  Offline
trapper
G

Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
Even beer went up!


Life ain't supposed to be easy.
Re: Prices are shooting up on goods [Re: Gary Benson] #7206573
03/06/21 11:58 AM
03/06/21 11:58 AM
Joined: Dec 2006
Posts: 11,342
East-Central Wisconsin
B
bblwi Offline
trapper
bblwi  Offline
trapper
B

Joined: Dec 2006
Posts: 11,342
East-Central Wisconsin
We want a stronger and better economy so we best be ready for the outcomes. If and when the 1 trillion plus bill unfolds it will add some more fuel. We have had weather issues, crop failures and freeze outs. Lots of things can and will go up but when food goes up in the USA it is always a huge deal because due to the low prices we generally pay we spend a lot on food and food service so when that goes up it uses up a lot of money. Other nations are opening up as well and they are competing for goods and services as well.

Bryce

Re: Prices are shooting up on goods [Re: adam m] #7206604
03/06/21 12:38 PM
03/06/21 12:38 PM
Joined: Nov 2008
Posts: 1,847
Michigan
M
Michigander Offline
trapper
Michigander  Offline
trapper
M

Joined: Nov 2008
Posts: 1,847
Michigan
Inflation


Re: Prices are shooting up on goods [Re: Mike in A-town] #7206619
03/06/21 12:53 PM
03/06/21 12:53 PM
Joined: Mar 2007
Posts: 35,169
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,169
McGrath, AK
Originally Posted by Mike in A-town
I'm not doubting you Adam, but Romex varies in price daily. You'll notice a lot of places won't advertise a price for it... They'll index it day by day. If the latest disaster caused a run on Romex it will go up... But it may drop again in a week or two.

A buddy of mine used to wire houses for a living... They'd wire about 340 to 350 a year. The company he worked for would buy wire once a year... The contractor would wait until a day when the price was good and buy a year's worth... He would buy 20+ pallets of the 1000 foot reels of 12/2 alone.

You get a good crew put together they'll have a house roped and roughed-in in under a day. If it's a new subdivision where all the houses are mirrors of 3 or 4 floor plans, it moves fast.

Mike



Copper is the single most sensitive commodity there is in response to changes in the economy. I sure wouldn't be looking for the price of Romex to decline any time soon. In fact, I think we are just getting started on an upswing.


Mean As Nails
Re: Prices are shooting up on goods [Re: adam m] #7206623
03/06/21 12:55 PM
03/06/21 12:55 PM
Joined: Jan 2014
Posts: 21,054
North East Kansas
Marty Offline
trapper
Marty  Offline
trapper

Joined: Jan 2014
Posts: 21,054
North East Kansas
only gonna get worse......get E


E
'Honey Badger Militia'
Sleep, the anti woke adote.
Re: Prices are shooting up on goods [Re: adam m] #7206673
03/06/21 01:41 PM
03/06/21 01:41 PM
Joined: Jan 2008
Posts: 9,201
Alaska and Washington State
W
waggler Offline
trapper
waggler  Offline
trapper
W

Joined: Jan 2008
Posts: 9,201
Alaska and Washington State
Currency supply increasing equals prices increasing, simple as that. If they try to curb inflation with increased interest rates that will have a bad effect on the economy as well; they have painted us into a corner.


"My life is better than your vacation"
Re: Prices are shooting up on goods [Re: adam m] #7206889
03/06/21 06:25 PM
03/06/21 06:25 PM
Joined: May 2010
Posts: 10,472
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,472
mn north of blakely
They printed us into a corner quite some time ago, the birds are coming home so to speak.

Price of copper is up.

Aluminum, up.

Steal, up.

Corn, up.

Beans, up.

Wheat, up

Oil, up

Housing, up
,

We are only at the begining of the cycle.


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Prices are shooting up on goods [Re: adam m] #7206947
03/06/21 07:39 PM
03/06/21 07:39 PM
Joined: Dec 2020
Posts: 395
wyoming
W
WyFurHarvesters Offline
trapper
WyFurHarvesters  Offline
trapper
W

Joined: Dec 2020
Posts: 395
wyoming
Rip off! last time gas was over $4.00 a gallon prices went up on everything and it was all blamed on fuel cost we bought the BS. Problem fuel prices came down but the prices for commodities stayed up. Same thing will happen again rich keep getting richer everyone else gets ripped off and gets a bi poorer. Look at what CEOs get paid and board chairman including NRA Wayne are they worth that much and all the benefits they get. Bill got introduced to Congress so political leaders can't trade stocks or sit on boards of private companies while serving doubt it passes but would be great, talk about a conflict of interest.

Re: Prices are shooting up on goods [Re: adam m] #7207110
03/06/21 09:15 PM
03/06/21 09:15 PM
Joined: Feb 2014
Posts: 25,694
nm
A
adam m Offline OP
trapper
adam m  Offline OP
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Joined: Feb 2014
Posts: 25,694
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Yup, the snowball is just getting momentum. I only noticed steel was up yesterday when I went to recycle. $0.07 lb.

WFH, that's a very solid point.

Re: Prices are shooting up on goods [Re: adam m] #7207222
03/06/21 10:01 PM
03/06/21 10:01 PM
Joined: Aug 2008
Posts: 5,538
fayette,al.
G
grisseldog Offline
trapper
grisseldog  Offline
trapper
G

Joined: Aug 2008
Posts: 5,538
fayette,al.
Fuel prices have to go up so green energy will cost less

Re: Prices are shooting up on goods [Re: adam m] #7207321
03/06/21 10:51 PM
03/06/21 10:51 PM
Joined: Jan 2014
Posts: 17,740
Central Oregon
AntiGov Offline
trapper
AntiGov  Offline
trapper

Joined: Jan 2014
Posts: 17,740
Central Oregon
China schmoe is just getting started .......he'll have us in last place when he's done


Report a post club - Non member


Re: Prices are shooting up on goods [Re: AntiGov] #7207349
03/06/21 11:14 PM
03/06/21 11:14 PM
Joined: Feb 2014
Posts: 25,694
nm
A
adam m Offline OP
trapper
adam m  Offline OP
trapper
A

Joined: Feb 2014
Posts: 25,694
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Originally Posted by AntiGov
China schmoe is just getting started .......he'll have us in last place when he's done

It's scary to think how fast and big this snowball will get by the next election.

Re: Prices are shooting up on goods [Re: grisseldog] #7207358
03/06/21 11:16 PM
03/06/21 11:16 PM
Joined: Aug 2011
Posts: 45,492
james bay frontierOnt.
B
Boco Offline
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Boco  Offline
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Joined: Aug 2011
Posts: 45,492
james bay frontierOnt.
Originally Posted by grisseldog
Fuel prices have to go up so green energy will cost less

True.


Forget that fear of gravity-get a little savagery in your life.
Re: Prices are shooting up on goods [Re: adam m] #7294259
06/26/21 04:25 PM
06/26/21 04:25 PM
Joined: Feb 2014
Posts: 25,694
nm
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adam m Offline OP
trapper
adam m  Offline OP
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Joined: Feb 2014
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Almost 4 months later from the op and romex its $120 for 250'. I took this pic this morning

[Linked Image]

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