Derrick (@Derrick_L)

The #American #Middleclass is voting on #Bidenomics by converting their fiat currency (Dollars) into physical gold at the rate of $100 million to $200 million a month from Costco. #Costco is selling 1-ounce bars made of nearly pure 24-karat gold. While the price is not disclosed online to nonmembers, it’s estimated that the product generally sells for about 2% above the spot price, which as of Tuesday morning was around $2,357 an ounce. That would put the price at Costco just more than $2,400. https://www.cnbc.com/2024/04/09/costco-selling-up-to-200-million-in-gold-bars-a-month-wells-fargo-estimates.html