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AMREP Corp T.AXR


Primary Symbol: AXR

AMREP Corporation is a holding company, which conducts business through its subsidiaries. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers, and others. The Company owns approximately 17,000 acres in Sandoval County, New Mexico. The Company develops both residential lots and sites for commercial and industrial use as demand warrants. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company is focused on selling single-family detached and attached homes. The Company commenced operations in New Mexico of its internal homebuilder, Amreston Homes. The Company utilizes internal and external sales brokers for home sales.


NYSE:AXR - Post by User

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Post by Looking4Doubleson May 24, 2022 11:29am
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Post# 34703714

U.S. Dollar is dropping again

U.S. Dollar is dropping againThe index just fell through the 102 support level and should be heading to .97 next.  If I am right, that's when it will get really interesting with the Euro zone probably raising interest rates in July.  It's just tough to hold a 20 year high, but that will be good for gold and silver, especially when countries want to diversify away from the dollar after it was used as a weapon.

On a side note for our self proclaimed genius, his #1 investment idea is getting crushed (ie  Bit coin / crypto)  NOT too smart !  Ouch !
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