expired Posted by Deltabasangler • Aug 23, 2024
Aug 23, 2024 1:50 PM
Item 1 of 5
Item 1 of 5
expired Posted by Deltabasangler • Aug 23, 2024
Aug 23, 2024 1:50 PM
1 oz Gold Coins or Bars at Costco $2589.99
$2,590
$2,520
Costco Wholesale
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Current Kitco sell price: $2461.86 ea. (but you pay insured shipping)
I'd call that a good price. You still can't make money by buying from costco and immediately turning it over to kitco - insured shipping costs take care of that, but Costco is not overcharging.
Others are probably similar with what you pay being close to what you can sell it for.
If you haven't sold, you haven't made any money.
Gold is on fire and very likely to move another $150 before a major correction.
If you haven't sold, you haven't made any money.
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- The Gold Eagles mentioned are sold out at Costco.
- The price has changed since then.
So yeah, no longer relevant.
Gold is on fire and very likely to move another $150 before a major correction.
Gold is a hedge against inflation right? Would you stockpile though? Let's say would it make sense to buy 5 of these?
If you want gold to hedge against inflation, you're better off buying a gold ETF or gold miners. Physical gold has added cost that reduce your profits. You're paying above spot when you buy and selling below spot. Plus any storage prices like a locker at a bank.
If you haven't sold, you haven't made any money.
That's why we need to sell our dollars for gold.
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