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Costco Sells Out Of Gold Bars As Economic Uncertainty Grips Global Markets

According to a new survey conducted by Bloomberg, Costco stores across the country are witnessing a gold rush—literally. 

The retail giant, better known for its bulk grocery sales and household essentials, has seen a surge in demand for 1-ounce gold bars, with 77% of its locations selling out in the first week of October alone. The sudden frenzy comes even as gold prices hit record highs.

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For some, this buying spree might seem baffling. After all, gold prices have soared by 41% over the past year, hitting a peak of $2,686 per ounce in late September. Conventional wisdom suggests that when prices are high, demand cools off—but that’s not what’s happening here. In fact, the opposite is true: as prices rise, Americans are rushing to buy more gold.

This isn’t just a flash in the pan. Data indicates that Costco has been selling as much as $200 million in gold every month, according to analysts at Wells Fargo.

“It’s easy to make a purchase knowing that there has been historical value in it,” one buyer said.

“Gold does have a long history of being a store of value even though there’s no cash flow from it,” another buyer, Bryce Young, 41, said. “It’s a good personal diversifier.”

“Even an increase to 5% to 10% ownership would be dramatic — and would likely disrupt the market,” he added.

So, why are everyday people snapping up gold at a time like this? The answer lies in the state of the economy—and the markets.

Bracing For Impact As A Dangerous Economic Secret Hides in Plain Sight

Inflation remains stubbornly high, the stock market is volatile, and concerns about the U.S. dollar’s stability persist. Most concerning, however, is a technical signal coming from Wall Street that many investors are overlooking: the Dow Jones has recently broken through a resistance trendline that’s held firm for 125 years. The last time this occurred, the U.S. was on the brink of the Great Depression.

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While this historical comparison may seem dramatic, market experts point out that the Dow’s breach of this trendline could indicate that the current bull market is on borrowed time

In other words, the stock market could be overextended, like a stretched rubber band that’s about to snap back. When financial assets reach such extremes, investors often look to tangible assets—like gold—to hedge against potential downturns. And that's exactly what we’re seeing now, as gold becomes the go-to choice for people seeking stability.

Protect Your Family With Gold, An Asset That Has Stood The Test Of Time

The surge in Costco’s gold sales, set against a backdrop of economic uncertainty and troubling signals from the stock market, serves as a stark reminder that conditions can change quickly.

For those looking to understand why this gold rush is happening and how to protect their wealth in uncertain times, we’re offering a FREE Gold Information Kit

This comprehensive guide breaks down everything you need to know about buying gold, including where to start, how to store it, and why it remains one of the most enduring assets for times like these.

Now is the time to take action. Get ahead of the crowd and secure your financial future with the knowledge and insights you need to make informed decisions.

Download your FREE Gold Information Kit today and learn why so many are turning to gold—not just for the thrill of owning it, but to protect what truly matters.

Because when market signals flash red and uncertainty looms, gold isn’t just a purchase—it’s peace of mind.

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