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Thread: Costco is selling gold bars and they are selling out within a few hours

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    Costco is selling gold bars and they are selling out within a few hours

    Costco is well-known as a place to get bargain prices on any variety of items, from food to luggage to appliances to gold bars.

    Wait, gold bars?

    Yes, the retail warehousing giant is your one-stop shop for 1 ounce gold PAMP Suisse Lady Fortuna Veriscan bars, handsomely detailed and ready for purchase.

    They’re available for the bargain price of … well, you have to be a member to know that, but apparently they were selling for a little shy of $1,900 recently, according to chatter on Reddit.

    Spot gold most recently was going for $1,876.56 an ounce as of Wednesday afternoon.

    Regardless of the price, gold is selling like hotcakes, judging by comments Tuesday from Costco

    Chief Financial Officer Richard Galanti. Speaking on the company’s quarterly earnings call, Galanti said the bars are in hot demand and don’t last long when in stock.

    “I’ve gotten a couple of calls that people have seen online that we’ve been selling 1 ounce gold bars,” he said. “Yes, but when we load them on the site, they’re typically gone within a few hours, and we limit two per member.”

    A couple of important points from that thought: The bars indeed are only available online, and only if you’re a Costco member, which costs either $120 or $60 a year, depending on which program you pick. The retailer also is limiting the purchases to two to a customer, meaning it would be pretty hard to build a position that would lead to financial security.

    At the very least, though, it’s an effective promotion and one that could appeal to a certain sector of Costco’s shopping clientele, said Jonathan Rose, co-founder of Genesis Gold Group.

    Rose noted that the company seems to have accelerated its offerings of dried foods and other survivalist goods at a time when worries about the future are running high. For example, the company markets a 150-serving emergency food preparedness kit that could come in handy, you know, just in case. Gold meshes with that type of product.

    “They’ve done their market research. I think it’s a very clever way to get their name in the news and have some great publicity,” he said. “There is definitely a crossover of people living off the land, being self-sufficient, believing in your own currency. That’s the appeal to gold as a safe haven as people lose faith in the U.S. dollar.”

    Precious metals have been on a run over the past several years. Gold has risen more than 15% over the past year and more than 55% over the past five years.

    With inflation still elevated, banks under the gun from a regulatory standpoint and looming issues in the commercial real estate market, the safe-haven aspect of gold and silver should be strong, Rose said.

    “We know what the road map looks like: Bank failures, commercial loans defaulting at an alarming rate … they don’t seem to have a handle on inflation, and that’s why they keep raising interest rates,” he said. “The outlook for stability in the market isn’t good and people want a [tangible] asset that’s going to be a safe haven. That’s what gold and silver provide.”

    https://www.cnbc.com/2023/09/27/cost...few-hours.html

    The entire libertarian movement around precious metals is fractured. The deepstate divided the investment of precious metals with bitcoin. It would take nearly a miracle to get gold and silver investing back to where it was as the only libertarian choice for the replacement of the dollar.

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    Re: Costco is selling gold bars and they are selling out within a few hours

    Deepstate bitcoin stopped the pouring of money into gold and silver for silver rockets. Remember "silver rockets bitches!" from GIM1. Back then we knew we could bring silver to $1000 in 2008 dollars. And Gold over $20000. It could have been done if the money that went to bitcoin went to silver and gold, if the focus that went to bitcoin went to silver and gold instead. 100% of it. It would have spiraled precious metal momentum into an unstoppable avalanche.

    Deepstate Sarah Palin/Donald Trump did a Jewish replacement of the Ron Paul Revolution. The Ron Paul Revolution petered out and was replaced by the co-opted anti-Obama Tea Party Movement, which was not about gold and silver, it was about opposition to Democrats and Obama. More concerned with Obamacare than replacing the Federal Reserve with gold and silver. A Republican co-opted tool of replacement of the Ron Paul Revolution.

    I told the Chinese on various forums that it would take very deep pockets to jump the price of silver and gold. On the magnitude of trillions of dollars bought by China. Except China is controlled by Jews - Rothschild and Kissinger. It is an anti-white country, it is not Anglo-Zionist. Netanyahu is in the Anglo-Zionist Camp. Rothschild and Kissinger are Anglo-Zionist Jews that control the Leftist Jewbot Chinese. China is exclusively a Jewish turf nation. Communist, anti-white, leftist, controlled by Kissinger/Rothschild. Israel is the conservative Likud Jewish turf. Rothschild controls the Labour Party in Israel, which is the losing party in Israel. Israel is controlled by Khazar Russian Jews, not English or German Jews, such as Rothschild and Kissinger. Different Jews have their different Jewish mob turf. China is the leftist Jewish turf. The worst Chinese fluffers are Jews. I noticed that during the COVID crisis. Though Jewish support of China does divide Jews from monolithic support around Netanyahu and mossad. Jews would be 100% Likud 100% of the news articles if there was not safety of Leftist Jews in China and in places such as anti-white Berkley.

    The entire deepstate in 1900 served the "King of England". The same players have not change. Rockefellers, Rothschild, British Crown, German Jews, Russian Jews, British Industrialists, Jewish media, International bankers... The same exact players from 1900 are the deepstate of 2023. Therefore the entire deepstate serves Charles the Turd, Queen of England. Gold and Silver in the hands of the "peasants", gold and silver replacing their central banks have been their enemy. Bitcoin was the Jewish sideshow to make you rich by not taking down the deepstate with gold and silver. Do you want to be rich and join the deepstate cause, or do you want to not make money with precious metals flat and try to take down the deepstate with gold and silver. Therefore, bitcoin is the tool to not only keep the deepstate going by preventing gold and silver taking over the dollar and replacing the dollar, bitcoin is the replacement of the dollar if it collapses to be the real central bank digital currency of no privacy and total Anglo-Zionist control.

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    Re: Costco is selling gold bars and they are selling out within a few hours

    As the deepstate prepares the globe for bitcoin, as bitcoin marches toward 100 million per bitcoin, the shills are going to cry victimhood because bitcoin is being soon traded as an EFT too. "Manipulation! We are victims!" This resulted in bitcoin going up 30%+ in weeks. When "governments" make bitcoin the only form of money, I'll guess these same shills are going to cry "victim". As silver remains at 20 dollars and gold at 2000, while bitcoin reaches 100 million if the deepstate wins on the monetary replacement of the dollar. Shills: "It can't be gold or silver to replace the dollar, it has to be bitcoin! Bitcoin, the new central bank. Be your own central banker." As the Federal Reserve was a creature of Jekyll Island, bitcoin is a creature of cia bordrooms. Satoshi Nakamoto translates to central intelligence.

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    Re: Costco is selling gold bars and they are selling out within a few hours

    Beware of gold colored tungsten bars. And Bitcoin. It's time the country return to its original and natural currency. Beaver pelts.

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    midnight rambler (24th October 2023),monty (24th October 2023),woodman (24th October 2023)

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    Re: Costco is selling gold bars and they are selling out within a few hours

    Quote Originally Posted by ziero0 View Post
    Beware of gold colored tungsten bars. And Bitcoin. It's time the country return to its original and natural currency. Beaver pelts.
    Gold colored Bitcoin¿
    The only thing declared necessary in the Constitution & Bill of Rights is the #2A Militia of the several States.
    “A well regulated militia being necessary to the security of a freeState”
    https://ConstitutionalMilitia.org


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    Re: Costco is selling gold bars and they are selling out within a few hours

    Quote Originally Posted by ziero0 View Post
    Beware of gold colored tungsten bars. And Bitcoin. It's time the country return to its original and natural currency. Beaver pelts.
    Where do you hope to get all the beavers necessary??

    And do you suspect Costco of selling fake gold bars?? There's so much love at Costco I cannot imagine such a thing.

    "A man is to be held accountable for the thoughts he chooses to entertain." --Richard Alan Miller

    "If both the past and the external world exist only in the mind, and if the mind itself is controllable-what then?" --George Orwell

    "It's not a matter of what is true (reality) that counts but a matter of what is perceived to be true (reality)." --Henry Kissinger

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    Re: Costco is selling gold bars and they are selling out within a few hours

    Where do you hope to get all the beavers necessary??

    Siberia

    do you suspect Costco of selling fake gold bars?? There's so much love

    Love is overrated

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    Militant Wing of the Salvation Army midnight rambler's Avatar
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    Re: Costco is selling gold bars and they are selling out within a few hours

    You're mistaken.

    We all know love is a small word
    And yet it encompasses all --Dave Mason
    (in the end times) the love of many will wax cold

    Essentially ALL the problems we face today are due to a lack of love which is growing.

    Since our problems have been
    Our own creation
    They can also be overcome
    When we use the power provided
    Free to everyone
    This is love --George Harrison

    "A man is to be held accountable for the thoughts he chooses to entertain." --Richard Alan Miller

    "If both the past and the external world exist only in the mind, and if the mind itself is controllable-what then?" --George Orwell

    "It's not a matter of what is true (reality) that counts but a matter of what is perceived to be true (reality)." --Henry Kissinger

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    Re: Costco is selling gold bars and they are selling out within a few hours

    LOVE, n. A temporary insanity curable by marriage or by removal of the patient from the influences under which he incurred the disorder. This disease, like caries and many other ailments, is prevalent only among civilized races living under artificial conditions; barbarous nations breathing pure air and eating simple food enjoy immunity from its ravages. It is sometimes fatal, but more frequently to the physician than to the patient

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    Re: Costco is selling gold bars and they are selling out within a few hours

    Selling 20 Silver Eagles now also.

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