Copper has always been a global growth indicator, but has now fallen into the correlation everything up or down category. Lumber is now being touted as the new global growth /health indicator.
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I just redid my gutters with fresh lumber half-tubes.
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morning all. i been using the “wood” as my tell all for 3+ years now.got mucho peeps into lpx a while back when it was banking coin. you have to be careful with it though.kind of use it like rsi,adx,and has sure been correct before an up or down turn in the indices.
I have just replaced all the copper wiring in the house with plywood filament synthetic conductive substrate.
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hehehehe must be the thinnest of dowel,ya know,the kind that conducts electrodes.
the only material that STILL LIVES after it’s killed.
The cash price action is completely supply driven, as capacity in the short term is less than 70% utilized. Futures are too thinly traded to draw any conclusions except that they are heavily manipulated by speculation not hedging. But then again, what do I know?