Costco Gold Surge Reflects Trust

This is a news story, published by Yahoo Finance, that relates primarily to Judy Shelton news.

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popular Costco bullion

Yahoo Finance

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Here’s one economic message from the Costco gold bar craze

Summary

Nutrition label

77% Informative

Gold is a surrogate for the real economy and represents commodities but also that traditional role of money you can trust, Judy Shelton told Yahoo Finance's Opening Bid podcast.

The wildly popular Costco bullion was introduced to warehouse club members last year via 24-karat 1 oz bars.

The product has flown off the shelves, with Costco raking in a reported $200 million per month.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive