Gold could go 4.8% higher on asset inflation, Fed: Strategist [Yahoo! Finance]
Costco Wholesale Corporation (COST)
Last costco wholesale corporation earnings: 3/5 04:15 pm
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Source: Yahoo! Finance
inflation, but could all that change if the Federal Reserve decides to cut interest rates? Path Trading Partners Co-Founder and Chief Market Strategist Bob Iaccino joins Catalysts to discuss the momentum behind gold futures and what it means for both the Fed and gold traders Iaccino speculates on gold's future movements: "If inflation is picking up again, which I believe it is, gold will rally as a function of asset inflation." He continues: "When you look at asset inflation that comes with it, those of us that own assets like gold, we benefit from that. So my target for gold is about 4.8% higher from here. Very specific: $2,491 [per ounce]. If you get to $24,91, the speculator will probably push it to $2,500 just because they like those numbers." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino Video Transcript Gold futures on track for its best week since early April as
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News
- 5 Outdoor Essentials To Buy at Costco on a Middle-Class Budget [Yahoo! Finance]Yahoo! Finance
- 5 Outdoor Essentials To Buy at Costco on a Middle-Class Budget [Yahoo! Finance Canada]Yahoo! Finance Canada
- The Best Financial Strategy Tailored to Your Income, According to Money Expert Humphrey Yang [Yahoo! Finance]Yahoo! Finance
- 4 Wedding Essentials You Should Buy at Costco [Yahoo! Finance]Yahoo! Finance
- Want To Ensure DEI Works For Your Company? Have Some Standards. [Forbes]Forbes
COST
Earnings
- 3/7/24 - Beat
COST
Sec Filings
- 4/18/24 - Form 4
- 4/17/24 - Form 144
- 4/10/24 - Form 8-K
- COST's page on the SEC website