Costco Reportedly Sells $200 Million in Gold Bars Monthly
Ben Mitchell • August 19, 2024
Today we’re going to be talking about why a retailer like Costco is selling gold.
Wells Fargo recently estimated that Costco is selling as much as $200 million in gold bars monthly. That amount of money in the gold market is not unusual.
But what is unusual is that people are buying their gold from a place like Costco, rather than from a metals dealer.
So why is this trend happening, and what can it tell us about the gold market? Let’s get into it.
*The CNBC article mentioned: “Costco selling as much as $200 million in gold bars monthly, Wells Fargo estimates” https://cnb.cx/3SFmoQt
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What does it mean for TRADEway to be a faith-based stock market education company? We started our company with a specific audience in mind–God’s people–to equip them with decades worth of knowledge and experience in the business world so that they too could go out and make a difference. Because let’s face it–it’s going to take some money to build a Christian culture and expand God’s kingdom. Remember, God works through means. And you–my brothers and sisters–are the means that he uses to make these things happen. The Lord wants us to thrive financially. We see this throughout scripture. And so what better place to go than to His word as our guide.

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If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.

By David Mitchell
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If you’ve been struggling with your long-term savings goals, you’re not alone and I can help. It’s normal for your account to fluctuate with the markets, but overall, your account should be increasing each month. If it’s not, don’t panic. Just listen to this all the way through, because I’m about to reveal three unusual ways to potentially boost your long-term savings accounts.