Trump vs Fed: Gold Bars Sold at Costco Win the Real Gold Rush
Goldās gone loco, hitting a record $3,600 an ounce this weekāup 36% just this year while the S&P 500 limps behind at a mere 10%. Thanks to President Trumpās ongoing wrestling match with the Federal Reserve, Goldman Sachs dreams of a $5,000 per ounce gold price by 2025, a 40% jump from today. Meanwhile, Fed governor Lisa Cook is under a DOJ criminal investigation, because whatās a president's tantrum without some legal flair? Costco, the unlikely goldhound, started selling bars in 2023, sparking a loyal fanbaseānot for fat margins on gold but because those shiny bricks juice up their e-commerce stats. Who said financial turmoil canāt be retail therapy?
Share the Story
Only in 2025 can Costcoās online gold bar sales make more headlines than a presidential spat and a DOJ probe. The Fedās in hot water, goldās the hot commodity, and weāre all just standing here wondering if we shouldāve bought bullion instead of stocks.
Trumpās beef with the Fed has made gold bars Costcoās surprise bestsellersānot because people want to invest smartly, but because apparently confusing American politics is the new retail strategy.
The Fedās drama starring Lisa Cookās DOJ probe pairs nicely with Goldmanās fantasy of $5,000 gold. Meanwhile, Costco is cashing in on investors who must think online shopping for bullion is economic advice.
Source: Businessinsider | Published: 9/5/2025 | Author: Dan DeFrancesco
More Articles in Business
Salesforce AI Flops, Google Car-Dwellers & Senior Homebuyers Take Over
KPMGās 450K Sq.Ft NYC HQ: Employee Feedback or Round Table Cult?
Rivian CEOās $4.6B Stock Option: Billionaire or Billion Procrastinator?
DoorDash Execs Fail at Delivery, Beta-Test Their Own Chaos
Parenting & Two Jobs: Health Writer Floors Architectural Chaos!
