A while back, I reposted a post from another WordPress Blog that mentioned about Costco, an American retail chain, selling Gold. In my spare time this week, I actually looked into the matter further to find out whether it was true and whether it was worth buying Gold from Costco. As it turns out, yes, Costco is in fact selling Gold, but only to those who have Costco membership. The Gold in question is apparently 24k, fetching a hefty Price in the thousands of US Dollars. I have no idea as to who is going to buy Gold from Costco. This does not seem like something that people would be willing to spend large sums of US Dollars.

Categories: Uncategorized

Tags: Bretton Woods, Economics, Finance, Gold Standard, Philosophy, Politics, Psychology, Socialist Finance, Third Place, United States, Work-Standard