Costco Sells Out of Gold Bars

[ryant]

you are 100% correct, people buy gold when they are not confident in the stock market.

[mattsprayberry]

Stupidist thing Nixon ever did was take us off the gold standard

[Greatlakessailing]

I sold all my stocks. My 401k continues to drop. I decided im better off just paying off everything. Zero debt.

[Patriot]

Make sure it is actually gold, there's no shortage of criminals

[docfate]

I've been buying gold and silver since 2012. It's only a matter of time before the poop hits the fan.

[djarmstrong]

When society collapses, I’m sure those gold bars will save you.

[hurricanefury]

costco
the company that asked "hey what if we don't be evil" and had it pay off

[marcialflores]

Tell em to sell silver and than you will really see the fish swarm

[jamestravis]

It also demonstrates that people don't trust the digital currency.

[christopherfishell]

It seems Costco is selling these at 2K per ounce if you have the 2% cash back you are getting it for 1960 an ounce. That's about $140 above spot

[vickivee]

Walmart has gold coins for $2k on their website. 😂

[tanyaandtheark]

I'm in my 20's and don't know anyone that's making the same decisions as me so this is quite reassuring, I think people should also be stocking up on a some food and ammunition.

[Rezin_]

Ever wait on the check writer in line....😂😂😂 just wait for the pocket scale

[johnvail]

Id just to say sir i love your understanding on life and all of the B.S. that is sleanging all over. Keep doing what you do!

[LeviAirRifleChronicles]

Gping back to a gold/silver backed dollar would be nice. But hard to do when all we have is fiat monopoly money.

[smylesg]

Why is a gold bar - even a "dummy" - marked "Ag999, 9" when Ag is the chemical symbol for silver?

[rosemarietolentino]

People are ignorant of what wealth preservation gold is.

[ashleysantos]

Thank you Michael I mentioned before my love for Costco. To the Gold I go!

[violetflame]

What value does gold have? The same value we give fiat currency. Belief system. It has value because we believe it has value.

[robertsmithington]

Just before the Great Depression, we saw vast amounts of spending, gold getting bought up, interest rates going up…the Fed is upset that people are spending money, but its not only because of inflation, but people are trying to put their money someplace that will be safe from the coming collapse, and certainly not in the banks.