Costco is selling out of gold bars. They’re selling out their inventory within hours of making them available for sale.
COSTCO IS SELLING GOLD BARS AND THEY ARE SELLING OUT WITHIN A FEW HOURS (CNBC)
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… pic.twitter.com/UtwmMgMGhg
— FXHedge (@Fxhedgers) September 28, 2023
If the economy was in good shape, people wouldn’t be rushing to buy gold bars from Costco. They just wouldn’t be doing this.
People are buying gold because they don’t trust the US Dollar and they don’t like what’s happening with the economy.
There also continues to be all sorts of weird action in the gold and silver markets that don’t make a whole lot of sense to me. It is very volatile, but I just look at the times gold and silver gets smashed down as another buying opportunity.
