Friday, April 12, 2024

Hmmm. Ammo/gun sales up too.-----Costco selling up to $200 million in gold bars a month, Wells Fargo estimates

Costco selling up to $200 million in gold bars a month, Wells Fargo estimates - Jeff Cox
"...As an investment, though, it makes a lot of sense in these times...
  • Central banks have been large buyers of gold, especially in Asia...
“The move suggests that many foreign governments feel the need to hedge geopolitical outcomes that might be negative catalysts for other risk assets like stocks,”...

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