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Costco GOLD hunting trip ( let’s play a game ) and what I have learned.
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<p>[QUOTE="mpcusa, post: 26116722, member: 26550"]Here are a couple of things I have picked up along the way when buying GOLD at </p><p>Costco.</p><p><br /></p><p>First, they usually get there shipment there </p><p>in St.George on Wednesday and Thursday </p><p>at the very latest and they bring in 25 OZ,s</p><p>at a time usually in PAPMP 1oz bars and have only seen where this was different </p><p>where they actually were selling 100 Gr </p><p>bars and this was only one time, my schedule has recently changed so it’s hard </p><p>for me to get there on a Saturday and they are all but sold out by Sunday and I usually </p><p>check the price and availability before I go </p><p>but most times regardless.</p><p><br /></p><p>Secondly, premiums are set upon delivery </p><p>to the store and oddly enough they do not </p><p>change one way or another even if the market shifts, currently the premium is $70</p><p>per oz but I have found that premium completely erased ! for example this week </p><p>the advertised price was $15 below spot which wipes away any premiums so there </p><p>paying you $15 to buy GOLD in essence and have seen even more dramatic then </p><p>that by as much as 75% now that’s just </p><p>impressive !</p><p><br /></p><p>In comparison, here locally in Vegas the lowest premium is $143 and the highest </p><p>is $250 per oz so pretty excessive in comparison and premiums are real time.</p><p><br /></p><p>So thought we can keep track on premiums </p><p>and related costs.[/QUOTE]</p><p><br /></p>
[QUOTE="mpcusa, post: 26116722, member: 26550"]Here are a couple of things I have picked up along the way when buying GOLD at Costco. First, they usually get there shipment there in St.George on Wednesday and Thursday at the very latest and they bring in 25 OZ,s at a time usually in PAPMP 1oz bars and have only seen where this was different where they actually were selling 100 Gr bars and this was only one time, my schedule has recently changed so it’s hard for me to get there on a Saturday and they are all but sold out by Sunday and I usually check the price and availability before I go but most times regardless. Secondly, premiums are set upon delivery to the store and oddly enough they do not change one way or another even if the market shifts, currently the premium is $70 per oz but I have found that premium completely erased ! for example this week the advertised price was $15 below spot which wipes away any premiums so there paying you $15 to buy GOLD in essence and have seen even more dramatic then that by as much as 75% now that’s just impressive ! In comparison, here locally in Vegas the lowest premium is $143 and the highest is $250 per oz so pretty excessive in comparison and premiums are real time. So thought we can keep track on premiums and related costs.[/QUOTE]
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Costco GOLD hunting trip ( let’s play a game ) and what I have learned.
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