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Edited April 18, 2024
at 04:20 PM
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Features:
999.9 Fine Gold Coin
Item is Non-Refundable
Limit of 1 Transaction Per Membership, with a Maximum of 5 Units
Item is Not Eligible for Price Adjustments
Product Details
Item may be available in your local warehouse for a lower, non-delivered price.
Coin Highlights:
1 oz of 999.9 Fine Gold
Produced by the United States Mint
Individually packaged in an encapsulated assay card
Terms & Conditions
Item is non-refundable
Item is not eligible for price adjustments
https://www.costco.com/.product.1799474.html
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Rarity. Actually buffalos have same gold as american eagles. But american eagles are a mix of gold copper and silver with just shy of 92% gold. But the gold portion of that mix is one oz. So i think the american eagle is a bit heavier/bigger. Buffalos are 100% gold (24 karat).
And? The national debt has never risen from 10 trillion to 34 trillion in 14 years either. Sit and imagine that for a second. Just the interest on our debt will soon be more than all military spending. I dont think youve done the basic math let alone any research into this whatsoever. Where do you think we will get the money to pay for that debt? Hint- we wont. We will inflate it away. If your mcdonalds big mac costs $20 in 10 years what do you think the price of gold will be?
Current gold bubble has absolutely nothing to do with US debt or US inflation. US demand is not even driving the prices.......
Hint: open your eyes beyond US-centric narratives. World is much bigger than US region.
In 10 years price of gold will be anywhere from ~$480 to $2600 in todays money.
Current gold bubble has absolutely nothing to do with US debt or US inflation. US demand is not even driving the prices.......
Hint: open your eyes beyond US-centric narratives. World is much bigger than US region.
In 10 years price of gold will be anywhere from ~$480 to $2600 in todays money.
Wrong. Central banks are buying because nobody wants our debt anymore in the form of treasuries. Other countries are preparing for a post dollar world. It is the straw that broke the camel's back type of situation. Gold etfs have actually seen outflows during gold's rise. Gold has risen despite the fact that it shouldnt be right now. If/when US speculators get in on the new gold rush, gold will rise significantly. Our debt is unsustainable. We will inflate it away as we have increasingly done. Economic winter is coming and when it does- more money will have to be pumped into the system than ever before. That is the problem with the stimulus bailouts. Each crisis requires more and more $$$. At some point you have a complete lack of trust in the dollar and treasuries. If govts stop buying our treasuries, someone has to buy it- that someone is the govt itself. When they buy it - they monetize the debt. The dollar devalues and gold rises. It is simple and inevitable.
Look forward to seeing you on future costco gold posts. Time will tell. And it wont be kind to your uninformed logic.
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What makes you think it's going down under 2200$