Gold Telegraph
@GoldTelegraph
Gold $2615.
Another day for the history books.
Boom.
Currency destruction.
Gold revaluation.
There is nothing new under the sun.
For years, I have said gold is a hedge against stupidity.
What does that say about this moment?
The Royal Canadian Mint has showcased a new Gold Maple Leaf.
Who will get access to it first?
Members of Costco Canada.
The coin will be entirely sourced from Agnico Eagle’s Detour Lake mine in Northern Ontario.
Agnico Eagle is one of the largest gold miners in the world.
There has been a gold rush at Costco for quite some time now.
That was a massive signal even though the m**************a hardly discussed it.
In April, Wells Fargo estimated that Costco was selling as much as $200 million in gold bars EVERY month…
Talk about a frenzy.
Gold just closed above $2,600 for the first time in history.
The thesis is starting to really play out.
