Gold with groceries? Costco says Yes!

[TolmiePeak]

Have you ever attempted to rent an oceanfront home on OBX from May until September.?

No we go to Hawaii when we want to go to the beach. Less travel time than North Carolina.

 

[easyrider]

The best loophole was when the US Mint was selling the Susan Anthony Dollar coins with free shipping and allowed you to pay with a credit card. People listed their bank as the delivery address. I'm sure the UPS drivers hated dropping off thousands of pounds of coins at a bank.

I never get in on these deals in time. I figure that when I hear about it, it's about over. I'm not complaining. I do seem to get my share of deals.

Bill

 

[dioxide45]

Looks like they had to spend tens of millions of taxpayers dollars to relocate the main highway on a causeway over the inland bay because it washed out.

So the homes then do have value, Otherwise they wouldn't have done that.

 

[DrQ]

yep

The Headache at the End of the Costco Gold Rush​

https://www.wsj.com/finance/investing/selling-costco-gold-bars-f14e966f

"selling gold is not as easy as it seems
"Many are learning the hard truth that gold isn't the most liquid asset. It's not like trading stocks."

"Though gold prices have been climbing lately they haven't historically risen with the same consistency as stocks"

"Shipping fees"

"Gold is taxed as a collectible, unlike other long term investments"

Texas says digital gold depository is an illegal MLM scheme​

(Kitco News) – The Texas State Securities Board has moved to shut down a digital gold vault that it claims is actually an illegal international multilevel marketing (MLM) operation, according to a recent enforcement action published on its website.​

Texas says digital gold depository is an illegal MLM scheme

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

kitco.com

Commissioner Stops Digital Gold Vault Scheme Allegedly Promoted by Billionico Academy | Texas State Securities Board

THE ORDER ACCUSES BILLIONICO CEO FRANK DEYLE OF BEING A MEMBER OF THE ADVISORY BOARD OF SWISS VALOREM BANK, AN ORGANIZATION RECENTLY NAMED IN A FINAL ENFORCEMENT ACTION

ssb.state.tx.us

 

[DrQ]

China's gold consumption rises 5.94% y/y in Q1, imports from Hong Kong up 40% m/m in March​

(Kitco News) – Even as prices set new all-time highs, the latest government and industry data showed that China continued to consume the lion’s share of global gold production.​

​

The China Gold Association (CGA) announced on Friday that the country’s gold consumption was 5.94% higher in the first quarter of 2024 than during the same period in 2023, which they attributed to surging demand among the citizenry for safe haven assets.​

China's gold consumption rises 5.94% y/y in Q1, imports from Hong Kong up 40% m/m in March

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

kitco.com

 

[TolmiePeak]

China's gold consumption rises 5.94% y/y in Q1, imports from Hong Kong up 40% m/m in March​

(Kitco News) – Even as prices set new all-time highs, the latest government and industry data showed that China continued to consume the lion’s share of global gold production.​

​

The China Gold Association (CGA) announced on Friday that the country’s gold consumption was 5.94% higher in the first quarter of 2024 than during the same period in 2023, which they attributed to surging demand among the citizenry for safe haven assets.​

China's gold consumption rises 5.94% y/y in Q1, imports from Hong Kong up 40% m/m in March

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

kitco.com

I wonder how much of that is distrust of the government and worrying they will get their bank accounts seized?