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expired Posted by ladka • May 17, 2025
expired Posted by ladka • May 17, 2025

Costco Gold bar 1 oz Rand Refinery $3249.99

$3,250

$3,250

Costco Wholesale
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17 Comments

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May 17, 2025
793 Posts
Joined Sep 2010
May 17, 2025
Flawless700
May 17, 2025
793 Posts
I love golddddd!!!

So at 3249 this is $40 above spot. Add in 2% Costco reward plus any 2% or more CC and you are well below spot.

Why the down votes? No tax, no cc upcharge? Jealousy? Idiocy?
1
Pro
May 17, 2025
2,233 Posts
Joined Jan 2024
May 17, 2025
WolfTheCat
Pro
May 17, 2025
2,233 Posts
Quote from Flawless700 :
I love golddddd!!!

So at 3249 this is $40 above spot. Add in 2% Costco reward plus any 2% or more CC and you are well below spot.

Why the down votes? No tax, no cc upcharge? Jealousy? Idiocy?
Not a bad deal - I didn't vote it down.

But, I'd rather have American, Canadian, or Swiss gold. American coins are only $50 more right now, and Costco regularly sells PAMP and Canada Maple Leaves for the same price as the Rand bars (although not in stock now).

Personally, I've only bought maple leaves from Costco. I'd want to pay less for South African gold, although others may not feel that way.
May 17, 2025
12,999 Posts
Joined Nov 2008
May 17, 2025
575rider
May 17, 2025
12,999 Posts
These have been available daily for some time now. Price adjusts once a day with spot changes.
May 18, 2025
422 Posts
Joined Jun 2020
May 18, 2025
ThriftyPickle2807
May 18, 2025
422 Posts
Im guessing gold price will dump soon as crypto becomes more popular amd easier to carry
1
3
May 18, 2025
325 Posts
Joined Aug 2007
May 18, 2025
miami
May 18, 2025
325 Posts
Quote from ThriftyPickle2807 :
Im guessing gold price will dump soon as crypto becomes more popular amd easier to carry
It was easy to use at Steak n Shake today! Paying with gold would have been rather difficult.
Pro
May 18, 2025
2,233 Posts
Joined Jan 2024
May 18, 2025
WolfTheCat
Pro
May 18, 2025
2,233 Posts
Quote from miami :
It was easy to use at Steak n Shake today! Paying with gold would have been rather difficult.
People still go to Steak and Shake? I figure them for going bankrupt in the near future.

Their fries suck.
May 18, 2025
422 Posts
Joined Jun 2020
May 18, 2025
ThriftyPickle2807
May 18, 2025
422 Posts
Quote from WolfTheCat :
People still go to Steak and Shake? I figure them for going bankrupt in the near future.

Their fries suck.
everything sucks

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May 18, 2025
793 Posts
Joined Sep 2010
May 18, 2025
Flawless700
May 18, 2025
793 Posts
Quote from WolfTheCat :
Not a bad deal - I didn't vote it down.

But, I'd rather have American, Canadian, or Swiss gold. American coins are only $50 more right now, and Costco regularly sells PAMP and Canada Maple Leaves for the same price as the Rand bars (although not in stock now).

Personally, I've only bought maple leaves from Costco. I'd want to pay less for South African gold, although others may not feel that way.

You can get a maple leaf for 3249 right now.
2
May 18, 2025
14,519 Posts
Joined Nov 2019
May 18, 2025
Lilyly
May 18, 2025
14,519 Posts
Quote from WolfTheCat :
People still go to Steak and Shake? I figure them for going bankrupt in the near future.

Their fries suck.
even with a newer fat fries?
Pro
May 18, 2025
2,233 Posts
Joined Jan 2024
May 18, 2025
WolfTheCat
Pro
May 18, 2025
2,233 Posts
Quote from Lilyly :
even with a newer fat fries?
Did not know they had fat fries. Glad to see them trying to fix the fry issue. Better be golden.

Don't mean to bash on Steak and Shake, but I hated their fries.

On the plus side, my first date with my now wife, we went to see The Great Mouse Detective and went to Steak and Shake.

It's a minor miracle we made it to a second date after that.
May 19, 2025
14,519 Posts
Joined Nov 2019
May 19, 2025
Lilyly
May 19, 2025
14,519 Posts
Quote from WolfTheCat :
Did not know they had fat fries. Glad to see them trying to fix the fry issue. Better be golden.

Don't mean to bash on Steak and Shake, but I hated their fries.

On the plus side, my first date with my now wife, we went to see The Great Mouse Detective and went to Steak and Shake.

It's a minor miracle we made it to a second date after that.
how much did you tip them back then?
Pro
May 19, 2025
2,233 Posts
Joined Jan 2024
May 19, 2025
WolfTheCat
Pro
May 19, 2025
2,233 Posts
Quote from Lilyly :
how much did you tip them back then?

Being 33 years ago, I don't remember, but I left a tip. Probably about 15%, which was pretty standard for me at the time.
May 19, 2025
12,999 Posts
Joined Nov 2008
May 19, 2025
575rider
May 19, 2025
12,999 Posts
Quote from WolfTheCat :
Being 33 years ago, I don't remember, but I left a tip. Probably about 15%, which was pretty standard for me at the time.
Hopefully the recipient invested that tip in gold.
Pro
May 19, 2025
2,233 Posts
Joined Jan 2024
May 19, 2025
WolfTheCat
Pro
May 19, 2025
2,233 Posts
Quote from 575rider :
Hopefully the recipient invested that tip in gold.
Not really. Gold has been a dog over a 30 year timeframe.

Over the past 30 years, gold has averaged 7%. $1 in gold 30 years ago would be worth about $6. That's not much better than treasuries, which would have got you about $5 with no risk.

In contrast, the S&P got about 10% if you reinvested dividends. That would be about $17.

Berkshire Hathaway 11%, or about $25.

But, most likely, it was spent to pay their bills.

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May 19, 2025
12,999 Posts
Joined Nov 2008
May 19, 2025
575rider
May 19, 2025
12,999 Posts
Quote from WolfTheCat :
Not really. Gold has been a dog over a 30 year timeframe.

Over the past 30 years, gold has averaged 7%. $1 in gold 30 years ago would be worth about $6. That's not much better than treasuries, which would have got you about $5 with no risk.

In contrast, the S&P got about 10% if you reinvested dividends. That would be about $17.

Berkshire Hathaway 11%, or about $25.

But, most likely, it was spent to pay their bills.
Sorry. Just an attempt to get this hijacked thread back on topic.

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