(Zero Hedge)—X users report that Walmart is the latest major retailer to offer a variety of gold products in its online store. This comes several months after membership-based wholesale retailer Costco began selling 1 oz. gold bars.
“Walmart is selling gold and silver. Are you awake yet? This is a financial change,” one X user said.
https://twitter.com/hustlewithRich/status/1738531338540535837
Another X user said: “First Costco, Now Walmart.”
First Costco Now Walmart #Gold #Silver #Collapse pic.twitter.com/3hKT4BjzwD
— thetainvestor™ (@thetainvestor) December 26, 2023
Here’s what others are saying:
Walmart is not selling bullion direct to consumer. They are being sold by @APMEX @usmint etc looks like they are just trying to capture as much exposure as possible for @Costco @Walmart customers ( which is smart, major FOMO at all time highs for GOLD )
— Darth Grogu (@_GalacticChild) December 27, 2023
Walmart appears to be getting on the precious metals action following Costco CFO Richard Galanti’s comments earlier this month about incredible gold bar demand among consumers:
“You’ve probably read about the fact that we’re selling one-ounce gold bars. We sold over $100 million of gold during the quarter.”
Galanti continued:
“When we load them [gold bars] on the site, they’re typically gone within a few hours.”
Costco’s and Walmart’s gold rush comes as gold prices have soared 14% since early October to a new record high of $2,088 this week. Gold’s strength has been underpinned by traders’ aggressive pricing of Federal Reserve rate cuts.
Independent Journalism Is Dying
Ever since President Trump’s miraculous victory, we’ve heard an incessant drumbeat about how legacy media is dying. This is true. The people have awakened to the reality that they’re being lied to by the self-proclaimed “Arbiters of Truth” for the sake of political expediency, corporate self-protection, and globalist ambitions.
But even as independent journalism rises to fill the void left by legacy media, there is still a huge challenge. Those at the top of independent media like Joe Rogan, Dan Bongino, and Tucker Carlson are thriving and rightly so. They have earned their audience and the financial rewards that come from it. They’ve taken risks and worked hard to get to where they are.
For “the rest of us,” legacy media and their proxies are making it exceptionally difficult to survive, let alone thrive. They still have a stranglehold over the “fact checkers” who have a dramatic impact on readership and viewership. YouTube, Facebook, and Google still stifle us. The freer speech platforms like Rumble and 𝕏 can only reward so many of their popular content creators. For independent journalists on the outside looking in, our only recourse is to rely on affiliates and sponsors.
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Independent media is the future. In many ways, that future is already here. While the phrase, “the more the merrier,” does not apply to this business because there are still some bad actors in the independent media field, there are many great ones that do not get nearly enough attention. We hope to change that one content creator at a time.
Thank you and God Bless,
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