Gold Rush At Costco: $2,000 Nuggets Selling Out FAST!
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    SOURCES:
    https://www.mashed.com/150801/the-most-bizarre-things-you-had-no-idea-you-could-buy-at-costco/
    https://www.bgasc.com/gold-prices-and-charts?gad=1&gclid=Cj0KCQjwmvSoBhDOARIsAK6aV7hmU3ZpOl2aX-zO7RTv2T3j0_dP5WZg_55qYoY2cTu5BsG39Xii9wgaAqSfEALw_wcB&gclsrc=aw.ds
    https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
    https://www.cnbc.com/2023/09/27/costco-is-selling-gold-bars-and-they-are-selling-out-within-a-few-hours.html
    https://www.cbsnews.com/news/should-you-buy-costcos-gold-bars-what-investors-should-consider/

    *None of this is meant to be construed as investment advice, it’s for entertainment purposes only. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

    36 Comments

    1. I cant believe you don't own bitcoin 😂

      You secure it and don't have to pay someone to insure it like gold. Way less fees involved and it is instant to convert 😂 ya rip to gold buyers

    2. But it also has to do with trust in the brand. If you are a person that buys gold usually the places are shady as heck. You are also able to buy with a credit card at Costco which you normally don’t do in other places. So Costco just figured out that people would use leverage to purchase the asset.

    3. Long term , gold does better than market
      The dixey keeps dropping , down to .03 cents for dollar now ….ps u can buy miners that pay dividends

    4. I own a few ounces of gold. I think people like the idea of tangible assets and that’s what gold do. But yes, Bitcoin still for the new generation

    5. I'll also use my alchemy skills ro turn my apron into solid gold bars haha,at two thousand dollars thats a steal, its a safe haven asset that will always be valuable as a chef I've been looking for ways to increase my wealth like everyone else sadly most time we chefs often go under-appreciated and some even under paid haha.

    6. You prefer BTC over gold, eh? Well, to each his own, I guess. Facts about BTC: pyramid scheme, origin unknown, created out of thin air, exists only in cyberspace, can be shut down and/or regulated at the whim of government (like in China), not accessible in the event of a power outage (think EMP), and can be hacked and/or stolen by online criminals. Facts about gold: tangible store of value for over 5,000 years of recorded history, has to be mined at great expense and effort, cannot be created or destroyed by government fiat, can be stored near at hand in case of paper money failure. Like the saying goes, if you can’t touch it and hold it in your hand, you really don’t own it.

    7. No risk holding cash? Is that interest anywhere close to keeping up with inflation?

      Now Ole Janet is saying we can afford another war. Question is how, as those interest rates you're so proud of go up so do the interest payments on the debt.

      No worries though, they can always print more money. Almost like saying I still have money because I have a checkbook. Guess it doesn't matter that there's no money in the checking account.🤷‍♂️

    8. The only reason I actually have or had a Costco membership was for those stupid chicken bakes lol I haven't renewed in I can't tell you how many years but I still have the old card, I think it says 2004 on it has my picture, I just show it when I walk in and I go right to the food court to get a chicken bake. They used to have a pesto chicken that was delicious. Other than that I find the people to be unfriendly but I did see the gold thing and I was like wow that's really priced up, I think at the time $1830 was the price, I'm a silver collector myself, coin shops make it pretty easy to go back and forth. Love watching and hearing the information you put out. Thank you so much.

    9. WRONG ! 5000 of history vs short term scams.
      I suggest EVERYONE watches series "Hidden Secrets of Money" and follow up on changing assets presented by :
      Mike Maloney

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