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Title: Costco is experiencing rush on one ounce GOLD BARS selling for 'bargain' price of $1,949 each
Source: [None]
URL Source: https://www.dailymail.co.uk/news/ar ... o-one-ounce-GOLD-BAR-rush.html
Published: Sep 28, 2023
Author: Staff
Post Date: 2023-09-28 13:51:56 by Horse
Keywords: None
Views: 164
Comments: 2

that are disappearing from shelves within hours of being restocked

Fanatical Costco customers have been sent scrambling in recent weeks after a surprising product became a best seller - gold bars.

The brand is known for its out-of-the box range of bargain items, from titanic tubs of Nutella to caviar and saunas.

Now, in a surprising turn, a range of gold bars available online has seen customers clambering to get their hands on one of the nuggets - with two options weighing just 1 oz and costing in the region of $1,950.

The gold rush came as Costco pleased investors with promising quarterly returns this week.

On the earnings call Tuesday CFO Richard Galanti confessed: 'I’ve gotten a couple of calls that people have seen online that we’ve been selling one-ounce gold bars.'

'Yes, but when we load them on the site, they’re typically gone within a few hours, and we limit two per member,' he added.

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#1. To: Horse (#0)

Right now: Au 1861.855

Don't know how closely CC pricing follows the market.

“ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken

Lod  posted on  2023-09-28   13:57:52 ET  Reply   Trace   Private Reply  


#2. To: Horse, 4um (#0)

Costco is experiencing rush on one ounce GOLD BARS selling for 'bargain' price of $1,949 each

Apmex is selling for about the same. $75 over spot, down from $100.

“The most terrifying force of death comes from the hands of Men who wanted to be left Alone.
TRUE TERROR will arrive at these people’s door, and they will cry, scream, and beg for mercy…
but it will fall upon the deaf ears of the Men who just wanted to be left alone.”

Esso  posted on  2023-09-28   13:59:50 ET  Reply   Trace   Private Reply  


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