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wow_happens28

05/19/18 5:02 PM

#16681 RE: biocqr #16679

biocqr lumber is nuts. Jim Rogers has it in his food fund RJA, but I don't know why. It is only weighted 2.865%. If one thinks that the economy its too strong, then it is way too high, Any slow down in Housing starts and it falls. I don't recall, but Canada might have some regs making lumber a bit higher, but not the 300% move in 2 years.The chart almost looks like an internet bubble stock in 1999.

https://www.finviz.com/futures_charts.ashx?t=LB&p=m1

RJA weights, and Jim weights it by U.S. usage, thus rice is weighted much less than it's world use.>>>

https://www.elementsetn.com/ElementsETNUI/RICI-Agriculture-ETN.aspx