Hmm I wonder if there's any decent volume/volatility inverse ETFs for lumber ETFs CUT WOOD or homebuilder XHB the demand is still strong for now though
Why don't you short lumber. I think you are old enough to know that any of the inverse ETFs have borrow rates and other costs to short built into the pricing.
Ha, kindest explanation I have ever read to cover for that idiot who came up with this imperial crap when the metric system existed for centuries. As if some drunken seafarer is just smart enough to imagine how long 7/32 inches are but can't handle 15cm at all.
It's all about profit margins. A small % goes a long way when dealing with a huge amount of lumber. They now call it something like wet dimensions vs dry/kilned dimensions. I own a couple of old houses built around 1920 with old growth wood using true 2x4's. The old studs are 2 inches by 4 inches as opposed to the 1.5 inches by 3.5 inches. Even the pine from back then is stronger and heavier than current oak lumber. What a scam. My newer house built late 90's is twice as big but easily weighs less than that the two older houses combined since they are also on plaster/lathe vs drywall.
Well, no shit. Old Growth pine is going to be more dense than sustainable pine, because the trees are hundreds of years older than the fast-growth slash-pine stuff we use today. Go ahead, keep cutting away the hundreds-YO trees. Your grandkids will love you.
IMO .......... When it comes to building materials and real estate the imperial system is far superior to the decimal system. Square feet is easier to visualize than square meters.
Lol, really? How so? Because it's called foot? Are you idiotic? But let me play with you for a moment. So imagining to sit in a square foot is easier than imagining to sit a chair or place a desk on a square meter of space? Yes, for someone on LSD perhaps.
You are from Canada correct? Canada switched over to the metric system about 40 years ago. Hows that working out in the building materials and real estate industry? You would think after 40 years they would be using the metric system - but they are not.
Well, no shit old growth pine is more dense than sustainable pine, but that's not what I said. Most people don't realize the density issues between the same species of trees among different time periods and don't realize a 2x4 is no longer 2 inches by 4 inches. It's not common knowledge so it's ok to point it out to educate people. It's like when, for example, breyer ice cream made smaller 'quarts' of ice cream.