expired Posted by AdityaA7139 • Sep 18, 2023
Sep 18, 2023 8:31 PM
Item 1 of 2
Item 1 of 2
expired Posted by AdityaA7139 • Sep 18, 2023
Sep 18, 2023 8:31 PM
Costco Members: 1 Ounce 24-karat Gold Bar Rand Refinery (New in Assay)
+ Free Shipping$1,970
$1,970
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Couple factors to consider. If gold goes up in value, you are still looking that much price increase to breakeven. (Not considering 2% Costco rewards at the end of renewal year, 1 to 2% credit card points.) If gold goes down, you are holding $2K for a while. If you put that $2k in Gov Treasury Bond. Rates are in range of 4.70% to 5.05%. Secure - Backed by US Gov and Bond will not go down in a value as long you hold them untill maturity date.
Costco used to sell these gold bars for the same exact spot price a couple of months ago. for the last 3 to 4 deals, they have been up charging $35 to $40 over a spot price.
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Don't buy it
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Couple factors to consider. If gold goes up in value, you are still looking that much price increase to breakeven. (Not considering 2% Costco rewards at the end of renewal year, 1 to 2% credit card points.) If gold goes down, you are holding $2K for a while. If you put that $2k in Gov Treasury Bond. Rates are in range of 4.70% to 5.05%. Secure - Backed by US Gov and Bond will not go down in a value as long you hold them untill maturity date.
Costco used to sell these gold bars for the same exact spot price a couple of months ago. for the last 3 to 4 deals, they have been up charging $35 to $40 over a spot price.
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