Gold has turned into money for Costco, where yellow metal sales began last year and have turned into a cash cow for the big-box retailer.
In fact, sales are so brisk that analysts at Wells Fargo expect revenue “may now be running at” $100 million to $200 million a month, a rapid acceleration since bullion hit the warehouse club late in the summer of 2023.
Read the full article on the CNBC website
NAM Implications:
- Anything that can be legally sold to customers.
- However, a BOGOF may still be some way off…
