Item 1 of 2
Item 1 of 2
expired575rider posted Nov 10, 2023 4:37 PM
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+ Free Shippingat Costco Wholesale
Deal Details
Costco Wholesale has for their Members: 1 Troy Ounce Gold Bar Rand Refinery (New In Assay) for $1999.99. Shipping is free.
Thanks to Community Member 575rider for finding this deal.
Note: A Costco Membership is required to purchase this item.
Features:
Thanks to Community Member 575rider for finding this deal.
Note: A Costco Membership is required to purchase this item.
Features:
- 1 Troy Ounce 999.9 fine gold minted bar
- South African-made by a LBMA Good Delivery Refiner
- Arrives in a sealed black assay card
- Individually stamped with an unique serial number
Editor's Notes
Written by SubZero5 | Staff- About this deal:
- Limit 2 Per Membership. While supplies last.
- Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.
- About this store:
- This item is not eligible to be returned or refunded.
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Costco Wholesale has for their Members: 1 Troy Ounce Gold Bar Rand Refinery (New In Assay) for $1999.99. Shipping is free.
Thanks to Community Member 575rider for finding this deal.
Note: A Costco Membership is required to purchase this item.
Features:
Thanks to Community Member 575rider for finding this deal.
Note: A Costco Membership is required to purchase this item.
Features:
- 1 Troy Ounce 999.9 fine gold minted bar
- South African-made by a LBMA Good Delivery Refiner
- Arrives in a sealed black assay card
- Individually stamped with an unique serial number
Editor's Notes
Written by SubZero5 | Staff- About this deal:
- Limit 2 Per Membership. While supplies last.
- Get 1%-5% cash back on deals like this with a cash back credit card. Compare the available cash back credit cards here.
- About this store:
- This item is not eligible to be returned or refunded.
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277 Comments
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https://www.greysheet.c
Serious question for the prepper-types: What makes you think anyone would be interested in your soft, shiny metal in a post-society scenario? I would think anyone actually serious about prepping for such an occasion would get much more mileage out of hording useful metals and the equipment to make use of it.
Gold had use as a medium of exchange in historical *societies*. It was used primarily in civilized nations. They may have been ancient civilizations, but they were civilizations where rates of exchange had time to standardize, there was some level of rule of law, and organized trade was ongoing. It is not like gold was the first currency or even the most widespread precious metal at times (British money is "Pounds Sterling" because they used silver until they ran out).
Why would you think it would work on an apocalyptic societal collapse? There's nothing magical about gold that makes it "work" as a currency in an unorganized world. That kind of environment is going to go back to a barter system where things of actual worth are used as the means of trade. Food, ammunition, tools, fuel, etc.
Sure, society might eventually stabilize and reorganize and it might come to view gold as an effective currency, but are you gonna make it that long? Are you planning to bet that gold is the winner? Will your hoarded gold even be worth that much? If society collapses, there will be a lot of gold out there for the taking...having a few of these bars sitting around will be nothing compared to what is sitting around in jewelry stores, institutional holdings, etc--it is not like gold goes bad or is easily destroyed...an ounce of gold could end up being worth very little.
And if society never gets that bad? Well, then your insured gold ETF is probably fine (and really, your plain old currency, property equity, and stock holdings are probably OK too) .
My orders for cancelled. due to limit.
does that limit reset or life time limit.
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https://www.greysheet.c
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