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Honey, don't forget the gold bars at the store!


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 Big Mike 
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This article struck me:

https://www.cnbc.com/2024/04/09/costco-selling-up-to-200-million-in-gold-bars-a-month-wells-fargo-estimates.html

$200MM per month of gold bar sales to consumers? Why? What is driving such a thing?



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  #2 (permalink)
Mozart2112
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Big Mike View Post
This article struck me:

https://www.cnbc.com/2024/04/09/costco-selling-up-to-200-million-in-gold-bars-a-month-wells-fargo-estimates.html

$200MM per month of gold bar sales to consumers? Why? What is driving such a thing?

To me it sounds like Costco is trying to take advantage of the Fear factor that is creating Demand for Gold. Pretty creative lol...

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duidid
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there's a huge Chinese influence apparently.

Various articles floating around

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