Considering Timber as an Asset Class [View article]
As I mentioned in the forums section of my website yesterday,
"It was actually very interesting to watch lumber futures drop from $193.50 when I wrote the December newsletter to $167.90 yesterday and watch both PCL and RYN go up over the same period of time. It looks like the underlying commodity prices finally caught up to them today along with the drop in the market."
Considering Timber as an Asset Class [View article]
"It was actually very interesting to watch lumber futures drop from $193.50 when I wrote the December newsletter to $167.90 yesterday and watch both PCL and RYN go up over the same period of time. It looks like the underlying commodity prices finally caught up to them today along with the drop in the market."
forums.sinletter.com/T...
There is a chance they could head even lower.