Costco Is Selling Out Of Gold Bars

In a quarterly earnings call last week, Costco chief financial officer Richard Galanti told investors that the bars have been flying off the shelves, reported CNBC, saying, “I’ve gotten a couple of calls that people have seen online that we’ve been selling 1 ounce gold bars. Yes, but when we load them on the site, they’re typically gone within a few hours, and we limit two per member.”

https://www.zerohedge.com/personal-finance/costco-selling-out-gold-bars-economic-crisis-can-no-longer-be-hidden