Premium Only Content
Costco selling as much as $200 million in gold bars monthly
Gold sales at Costco have become a lucrative venture for the retailer, with analysts estimating monthly revenue to range between $100 million to $200 million.
Since its introduction in late summer 2023, Costco’s gold bars, priced slightly above the spot price, have seen significant demand attributed to competitive pricing and customer trust.
Despite being limited to five bars per customer, the sales contribute about 3% to general merchandise revenue but offer minimal profit due to low margins and additional cashback benefits for members.
However, amidst rising inflation and geopolitical uncertainties, gold remains an attractive investment, serving as a hedge against various economic risks, CNBC reported.
Links for B.C.
Visit My Website
https://bcbegley.com
Follow Me On Facebook
https://www.facebook.com/B.C.Begley
Subscribe To My Patreon
https://www.patreon.com/bcbegley
Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A
Follow Me On Twitter
https://twitter.com/BC_News1
Watch Me On Rumble
https://rumble.com/c/c-280191
Follow Me On Gab
https://gab.com/BC_Begley
Follow Me On Truth Social
https://truthsocial.com/@BC_Begley
#Gold #Inflation #Economy
-
0:51
B.C. Begley
2 hours agoAtmospheric analysis shows Venus never had Earth-like life, scientists say
9 -
1:06:17
Donald Trump Jr.
15 hours agoDaniel Penny Acquitted: What it Means, Plus Live with Breitbart’s Matt Boyle | TRIGGERED Ep.197
250K292 -
14:36
Misha Petrov
8 hours agoBLM OUTRAGED as Daniel Penny is ACQUITTED! The Left Celebrates United Healthcare CEO’s Assassination
55.7K67 -
1:16:43
MTNTOUGH Fitness Lab
18 hours agoShane Dorian: Surviving 50ft Waves at Jaws, Bow Hunting, and Coaching the US Olympic Surf Team
37.1K2 -
2:19:45
We Like Shooting
21 hours ago $2.45 earnedWe Like Shooting 588 (Gun Podcast)
30.5K2 -
1:36:46
Adam Does Movies
18 hours ago $15.65 earnedThe Golden Globes 2025 Nominees + Biggest Snubs - LIVE!
66.5K4 -
1:34:06
Flyover Conservatives
1 day agoWill The Inauguration Take Place On January 20th? - Larry Ballard | FOC Show
60.7K8 -
52:38
PMG
2 days ago $8.48 earned"The SHOCKING Links: Hunter's Pardon, Ukraine, Biolabs, Covid & Color Revolutions w/ Jeremy Slate"
40.4K9 -
7:45:39
Dr Disrespect
17 hours ago🔴LIVE - DR DISRESPECT - WARZONE - THE SHOTTY BOYS ARE BACK!
344K163 -
1:04:50
RealCoachTy
12 hours ago $12.53 earnedMARKETS ARE DUMPING!!! Lets talk about it
62.3K11