gold

Bullish or bearish on bullion? How to think about gold investing in 2024

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Bullish or bearish on bullion? How to think about gold investing in 2024

Have gold’s go-go days arrived? Bullion bullishness is rising with its recent price breaking $2,100. Costco says it can’t keep gold bars in stock.  But be gold-darned careful before embracing the yellow brick road. Gold requires impeccable market timing. Otherwise, it’s portfolio pyrite—a lead weight. If you can’t time stocks, don’t try gold. Here is … Read more

Costco made $100 million off this golden item alone in most recent quarter — just 2 per customer

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Costco made 0 million off this golden item alone in most recent quarter — just 2 per customer

This fast-selling item continues to be a goldmine for Costco.   The members-only retailer sold a jaw-dropping $100 million worth of one-ounce gold bars in its latest quarter as buyers continue to swoop up the blingy blocks, the company’s CFO Richard Galanti said in an earnings call this week, according to Business Insider. He said … Read more