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Gold Gallups up the US long-term investment charts
The latest Gallup Poll Social Series monitoring public opinion on economy and finance shows that gold jumped into second place as ‘best long-term investment’ in the US this year. 1 And here’s the kicker: while higher rates seem to have dampened investors’ perception of real estate as the best long-term investment (its share of the vote plunged from 45% to 34%), they haven’t damaged perceptions of gold. On the contrary, the number of Americans naming gold as the best long-term investment almost doubled this year from last. This, despite interest rates climbing to a 16-year high in March. Over one quarter of ... (full story)