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THIS Gold came from Costco in July! Why is it UNDER Spot? 

SpegTacular
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My website (shop for coins and bullion) spegtacular.com/
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28 авг 2024

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Комментарии : 64   
@DWizz-ns8xk
@DWizz-ns8xk Месяц назад
So many people purchased from Costco because they trust them. Many of which got started in stacking because of Costco.
@gandr.e.5136
@gandr.e.5136 Месяц назад
Costco is a business, not a stacker. To me it's simple. They may have bought those bars when gold was at $1,200.00 or less. Selling them to the public at double the price at $2,400 is a hell of a profit so why would they be worried about putting a "premium" on them?
@Spegtacular
@Spegtacular Месяц назад
Wait. You think Costco has sat on these bars for years before selling? Is that what I’m hearing?
@Spegtacular
@Spegtacular Месяц назад
That’s not what he’s saying David.
@gandr.e.5136
@gandr.e.5136 Месяц назад
@@Spegtacular Does this sound crazy to you? Buying low and selling high? Gold in 2017 was $1,100.00oz. Six and a half years later, it's more than doubled. That's a short-term investment for a company that big.
@Spegtacular
@Spegtacular Месяц назад
I don’t think Costco is in the business of holding bars in a warehouse for years.
@pewpewTN
@pewpewTN Месяц назад
​@Spegtacular I would have to agree. These mega corporations are all about short term growth. The last thing they want to do is have millions of dollars in inventory in a warehouse for a decade.
@davidku236
@davidku236 Месяц назад
Hi Speg, Just wanted to remind everyone that Costco sets a limit on the maximum amount of the 2% Executive Member reward to $1,000 for any 12 month period (It used to be $1,500 prior to 2023). The $1,000 reward limit corresponds to a $50k spend ceiling in the 12 month period. I just wanted to make sure that everyone understood this when this spend threshold is exceeded. Keep stacking--I enjoy your videos!
@kevinw9073
@kevinw9073 Месяц назад
Nice, but I am sticking with fractional gold I do hold 1 oz Eagles, but I am sticking with fractional. It's much MORE FLUID and I have no problem with a slightly higher premium. My gold comes from my LCD who gives BETTER pricing on US Eagles than ANY of the online dealers, hands down. Gold bars don't jazz me in the least. Eagles and pre '33 U.S. gold is what i stick with.
@pewpewTN
@pewpewTN Месяц назад
Fractional gold is vastly easier to sell. I went to a shop today & bought the guys last 1/10th coin. He told me that anything 1/4 or less is impossible to keep on the shelf, they sell as fast as they come in. Always plenty of 1 ounce coins & bars in inventory, though.
@ReeferGil
@ReeferGil Месяц назад
Costco has become my go-to for gold and silver.
@kaceydillin7367
@kaceydillin7367 Месяц назад
It is simply marketing. How much press has Costco gotten about gold and silver? Alot. Even if they break even, its still a big win, especially since you have better luck going into a store than online. The business model of Costco is that they can sell everything at break even, and yet membership dues are pure profit, and when they have 128+ million paying members… Also doesn’t hurt that gold is on a consistent climb. They negotiate today, take delivery of it in weeks to a month? Price moved up. Easy gains. It would be far more interesting to see what Costco does when gold is sliding down.
@silversleuth007
@silversleuth007 Месяц назад
Love the fireworks effect!
@bigdaddyhoffman1911
@bigdaddyhoffman1911 Месяц назад
Gold Baby Gold.......That's what I'm talking about...!!! Thanks for the video Sir....👍👍👍
@greggelato
@greggelato Месяц назад
I never seen any gold bars or coins for sale on their web site except an Eagle with 91.67% content. And a 1oz silver Maple Leaf for a crazy $800. Also I visit 3 different Costco stores regularly in NJ and never seen anything besides jewelry in the cases. So what is secret?
@modus_operandi2508
@modus_operandi2508 Месяц назад
Spegs ..but you said Walmart can have fakes ! Same with Costco, why would they jeopardize their reputation! Costco & Walmart would not sell fakes
@Mr-pn2eh
@Mr-pn2eh Месяц назад
3rd party sellers on Walmart could
@modus_operandi2508
@modus_operandi2508 Месяц назад
​@@Mr-pn2ehand after one time Walmart would let it continue........ooooohhhkkay
@Spegtacular
@Spegtacular Месяц назад
Walmart isn’t just Walmart selling on their website. It’s a marketplace like how EBay or Amazon is.
@modus_operandi2508
@modus_operandi2508 Месяц назад
@@Spegtacular I'll do my research, thank you good sir 🤜🤛
@kaynefryday6637
@kaynefryday6637 Месяц назад
Hope you are having a great day Speg , wow that PamP Liberty gold bar is stunning 😳
@Spegtacular
@Spegtacular Месяц назад
Thanks Kayne!
@waynerichards3490
@waynerichards3490 Месяц назад
If your thinking of pouring your own bars backyard bullion had contamination issues with his gold bar when he tried to make one use a new crucible and moulds that has not had silver in as his didn't assay right
@Spegtacular
@Spegtacular Месяц назад
Pouring 101 is never mix pours in the same crucible. BYB shoulda known better.
@mykittenisagrandmaster4381
@mykittenisagrandmaster4381 Месяц назад
Those are some really awesome looking bars
@WTXMD-jq1qs
@WTXMD-jq1qs Месяц назад
Omg there are so many Comments I can make but I’ll just take a step back and Pray No nothing negative at you SpegTacular all good! Hey SpegTacular I appreciate all the content it definitely get me to thinking $$
@TheWarped45
@TheWarped45 Месяц назад
I would buy a gold bar from costco. Very nice collection
@davidbradigan6085
@davidbradigan6085 Месяц назад
Funny I was at the fun show and recognized that voice . It was a pleasure to meet you
@Spegtacular
@Spegtacular Месяц назад
I wasn’t at the show…
@sonnygunz9207
@sonnygunz9207 Месяц назад
@@Spegtacularlmfao
@Spatoes
@Spatoes Месяц назад
I listen to you and got my first gold bar from Costco . Thank you
@Spegtacular
@Spegtacular Месяц назад
Nice! Whatcha think?
@Spatoes
@Spatoes Месяц назад
@@Spegtacular It’s beautiful love it 🙏
@richardhunter8241
@richardhunter8241 Месяц назад
Show the design on that die please.
@DWizz-ns8xk
@DWizz-ns8xk Месяц назад
Been tracking and it seems like Costco is starting to not offer as crazy good deals as before. Usually save $50 over anywhere else. Some cases I’ve saved up to $90. Haven’t seen $90 in a while. Hmmm
@lawrencehubbard2985
@lawrencehubbard2985 Месяц назад
I have been buying silver like crazy. Too poor for gold. I was thinking a 1/10 oz. or Goldback’s. Amazon and Walmart are both getting into selling them silver and gold.
@3DWoodWorks
@3DWoodWorks Месяц назад
I finally got some gold 1/4 gram coin. In the double digits 😮 thats my budget but its mine.
@bbustin1747
@bbustin1747 Месяц назад
I think what you meant to say that Costco was selling 200m in gold a month. Not making 200m a month selling gold … that would definitely be something
@daanmolier3737
@daanmolier3737 Месяц назад
Speg, please help out. Gold is going up crazy and no one in the media talks about it. What is going on? Extra vlog with the almighty MR. Coin Guy maybe? :)
@324amgela
@324amgela Месяц назад
You buy the 1 oz Troy for $2,400 flat
@Spegtacular
@Spegtacular Месяц назад
This was $2,399 with cash back
@archers101pd7
@archers101pd7 Месяц назад
Costco not JM Bullion? Online dealer of choice
@Spegtacular
@Spegtacular Месяц назад
I think the switch is coming!
@archers101pd7
@archers101pd7 Месяц назад
@@SpegtacularDon't think so when you can get gold at spot or below. JM Bullion or others can't beat Costco pricing.
@bigblind4085
@bigblind4085 Месяц назад
I have 3 1/4 grains lol that's it 😅 Gold is out of reach for me ,Thank the good Lord for Silver!
@Mr-pn2eh
@Mr-pn2eh Месяц назад
Stack up enough silver and you call sell some to buy gold That's what I did
@Spegtacular
@Spegtacular Месяц назад
I mean.. instead of 3 silver rounds you can buy a gram of gold… Just sayin..
@SuperGiantGeckosLLC
@SuperGiantGeckosLLC Месяц назад
Because it’s not Denomiated.
@coolkentg
@coolkentg Месяц назад
I spoke with my LCS and he said Costco must be getting the PAMP directly from the PAMP mint.
@Spegtacular
@Spegtacular Месяц назад
Well I dunno because they’re also getting American products and only a very few select buyers are allowed to buy bullion directly from the U.S. Mint. Maybe though
@virgilkane7369
@virgilkane7369 Месяц назад
Doesn't anyone wonder how these stacker-guys who make these videos are able to afford to put 10 thousand dollars worth of gold on their videos ? I wonder .
@Spegtacular
@Spegtacular Месяц назад
Instead of wondering why, try working real hard so you can too.
@WTXMD-jq1qs
@WTXMD-jq1qs Месяц назад
Sorry guys NOT TODAY! Perhaps tomorrow one of your many pessimistic thoughts will actually come true! LAMO
@marcthesilvershark
@marcthesilvershark Месяц назад
Is he getting paid buy CostCo???
@jzwrx
@jzwrx Месяц назад
Of course not
@mrsspegtacular6484
@mrsspegtacular6484 Месяц назад
By* and no, but how cool would that be 😆
@TheQuickSilver101
@TheQuickSilver101 Месяц назад
Of course he's not getting paid by them. He even addressed that in the video
@Spegtacular
@Spegtacular Месяц назад
I wish.
@ReeferGil
@ReeferGil Месяц назад
Lol. Ya right. Costco has the best deals w the 4 % cash back. All he's doing is telling us about it.
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