My current portfolio positioning is simple. With the federal reserve chairman Ben Bernanke continuing to print dollars at a rapid pace, I’m forced to position my cash into gold. I’m also currently shorting the dollar because of this massive printing from the federal reserve. Lastly, I continue to short lumber because of a recurring weak North American housing market. Inventory for homes continues to remain at alarmingly high levels causing lumber supply to be much greater than demand.
Thanks for your insights on lumber. Are there ETFs you can recommend to short lumber?
I’m not aware of any short etf’s for lumber. You can always short the Timber etf. It’s symbol CUT.