Silver as an investment

The Housing Unrecovery Is Here: Lumber Enters Bear Market

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

zerohedge.com / By Tyler Durden / 05/21/2013 17:08

Despite the incessant belief that this must be too-much-new-supply-driven (as opposed to a lack of demand for new home construction), Lumber futures (after hitting limit down once again today) have now officially entered bear-market territory.Front-month lumber prices are down 23% from their highs in mid-March and given the 2-month lead that correlates so well to the market, it seems things are a little ahead of themselves in ‘housing recovery’ land.

It seems lumber futures are the best proxy for trading the real economy…

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Thanks to BrotherJohnF