New home sales last month were at an all time record low. Prices were at their lowest in 6 1/2 years. Existing home sales dropped 27% YOY and saw their greatest MOM drop ever. Given that, it’s kind of fun to watch the ever-wrong Jim Cramer declaring last year how the bottom would be in last summer:
© Copyright 2012 Housing Doom | Copyright© 2011, AuthentiCraft, Inc.
Jim Cramer: “own some gold”
Cramer: Own Gold