When I first saw this, I thought “Oh wow, new products!”
Costco recently has taken the precious metals market by storm.
They were selling gold coins and bars like crazy setting records. I would then notice in their warehouses silver bars for sale.
It did not take long for their bars and coins to hit their online website.
Costco thought, must have a manual price feed.
Some places their cost for an item fluctuates with the spot price.
Costco seems like has someone behind the screen pulling the levers, and sometimes they are snoozing on the job leaving the price as is while spot is shooting up.
In this case, we have around 32 Troy ozs of silver here, which should cost around $1,600ish per their rate of other silver products. This is way off price.
Or am I missing something here?
Fellow stackers, if there’s something I should know about these types of coins let me know, or if you think its a rip off share what you think.
I just hope one day they accidentally missing a digit and we end up getting some gold for $250 without anyone noticing haha
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