I don't like where this is going. Copper, battery metals, precious metals, conflict minerals, big tech, uranium, select crypto foremost BTC, Hydrogen - yes Hydrogen
But why is wood faltering? Builders like Lennar are faltering,, and 50% of contracts now fall apart in the states. Housing volume new and old is piling up, and days on market are getting longer. Delinquencies are spiking, and as a leading indicator, cars are being impounded at a record rate.
I don't like to see what looks like a collapse coming in wood prices, but if you're a private builder, it will be the time to buy wood cheap. You know how I do.
But why is wood faltering? Builders like Lennar are faltering,, and 50% of contracts now fall apart in the states. Housing volume new and old is piling up, and days on market are getting longer. Delinquencies are spiking, and as a leading indicator, cars are being impounded at a record rate.
I don't like to see what looks like a collapse coming in wood prices, but if you're a private builder, it will be the time to buy wood cheap. You know how I do.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.