00:00
Jenny, I'm gonna have to finally get a Costco membership and
00:03
like stop harassing my mom to lend me hers.
00:06
Could it be because of those gold bars they're selling,
00:09
you already know Costco is selling as much as $200 million a
00:17
The one ounce 24 karat gold bars are priced at above $2000
00:23
and sell out like fucking hot cakes.
00:26
Guys, they are selling out quickly and Reddit is actually to
00:31
blame because they're driving people into the craze to buy gold bars
00:38
They, they found out about it.
00:39
They sure did. Costco sells the gold for 2% above market
00:43
price and reports show that it's a low profit business for them
00:47
like they don't even,
00:48
they don't even make money like that.
00:50
But like why would people even buy it?
00:52
like 2% above market price?
00:55
You know, people like me that are on Reddit trying to
00:57
get rich while the gold market price increased by 13% this year
01:05
what's driving the gold rush?
01:07
Millennials are actually the ones driving this gold rush.
01:11
But what do you think Jenny should we be buying gold at
01:16
I wouldn't, especially 2% above market price,
01:19
maybe not experts recommend buying gold directly from a bullion dealer instead
01:26
for the best price or investing in a fund that owns gold
01:29
Well, that makes better sense.
01:31
I don't wanna go to Costco where I get churros and hot
01:34
dogs. Now I'm getting gold there too.
01:37
What the hell is going on?
01:41
I know they had gold jewelry but West,
01:44
they in a gold game now.
01:47
let's move on to our next story.
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