Investors pull back: All-cash sales – often investors and second home buyers – plunged by 22% year-over-year to 94,000 homes in April, from 120,000 homes in April 2022… Home sales plunge, supply rises, prices drop

by BoatSurfer600

Source: Wolf Street

Home Sales Plunge, Supply Rises, Prices Drop Year-over-Year Most since 2012. It’s getting crazy out here

 

With the economy on life support and banks collapsing … I’d say Gold is a safe bet

Americans are upbeat on gold and have soured on stocks — perhaps to their detriment.

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Twenty-six percent of Americans ranked gold as the best long-term investment in 2023, almost double the 15% who thought so in 2022, according to a recent Gallup poll.

The share surpassed that of stocks: 18% of Americans ranked stocks as the top long-term holding, down from 24% last year, according to the survey.

It was the first time since 2013 that their perception of stocks was below that of gold. Both ranked behind real estate.

www.cnbc.com/2023/05/17/americans-think-gold-beats-stocks-as-a-long-term-investment.html

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