The present invention relates to slurry for printing wallpaper, and in particular to special slurry for printing wallpaper having a 3D stereo transparent streamer effect and a preparation method for the special slurry. The present invention provides special slurry for printing wallpaper having the 3D stereo transparent streamer effect. The slurry is mainly prepared by the following raw materials in parts by weight: 5-20 parts of dioctyl phthalate, 30-50 parts of polyvinyl chloride paste resins, 1-2 parts of a foaming agent, 1-5 parts of D80 environmental-friendly solvent oil, 10-30 parts of calcium carbonate, 10-30 parts of a plasticizer, 1-5 parts of a stabilizer, 5-8 parts of a VAE emulsion, 5-20 parts of titanium dioxide, 1-3 parts of a thickener and 1-3 parts of a drying speed regulator. The adhesive force of the slurry provided by the present invention is strong; meanwhile, the transparency effect can be displayed. The slurry is suitable for performing an embedding process on gold powder, silver powder and pearl powder in a gold spraying process, and can wrap up the gold powder, silver powder and pearl powder to promote the level of the wallpaper and prolong the service life of the wallpaper.