I heard about this from another source and was about to post myself. It's great to see gold going mainstream. I'm sure their rivals like Walmart and Sam's Club will soon follow. I'd imaging silver would sell even better, being much cheaper.

With the surging dollar and PM prices falling, it's a great time to buy.

 

Not available in all States - I tried and was denied!

 

Buy Gold Bullion Bars - Guidance Corporation

Buy Gold Bullion Bars online from Guidance Corporation. Our team offers the best prices, quality, and customer service possible.

www.coinguide.com

 

Read on Newsmax this morning that Costco is sold out of these gold bars now

 

They’ve been offering gold for a few months, they always sell out fast.

 

LOL, Costco really is becoming a one stop shop for all your prepping needs.

 

Buy Gold Bullion Bars - Guidance Corporation

Buy Gold Bullion Bars online from Guidance Corporation. Our team offers the best prices, quality, and customer service possible.

www.coinguide.com

Never heard of Guidance Corporation, but checking around, their prices are $15 to $20 per ounce less on gold than other sites I use.

 

I was told by the owners son that they are family owned with very small mark-up and don't have the money yet for advertising. Pure luck finding Guidance Corp.

 

Costco does keep records on your purchases. I THINK you can be anonymous by using a Costco cash card and not your membership card. Keep receipt for Costco services.

 

I'm thinking NOT. You must present your membership card to ener the store and Then to the cashier [person to check out. BIG Brotha is always watching ya.

 

Their selling out in 2 hours and 2 is the limit.

 

Wonder how many of those will get "Lost" in shipping?

 

No, I use a cash card to get in and have purchased with just cash card and not membership. They will call over manager.

 

MSN

Can only be bought online, limit 2.

 

Shipped straight from China?

 

Interesting such is a thing on MSM. Was on Newsmax for a long bit as well.

That physical PM's can be bought, and that in particular a membership warehouse (Costco) sells them (occasionally & limited quantities).

Folks who normally do PM's - no change.

Folks who do not normally do PM's, may promote interest for them to do so. No matter to me & mine. Good for folks to be aware of options. If they do so wisely.

 

Just saw this on Timcast, Tim Pool's show. Apparently they sold out quick. This podcast started going in to a little more prepping than usual.

 

See Spot run....

 

I can buy on eBay from a major dealer for $15-$20 over spot with my 3% credit card rebate

 

Just out of curiosity, why gold?

If the shtf gold is the last commodity that would be used as currency.

If you are looking for good returns on income that outpaces inflation, go with oil/gas stocks.

Many pay out 9-20% dividends yearly. OPEC Is not going to stop lowering output, and Brandon refuses new drilling leases.

Its only going up.

 

I have been in oil and gas for decades for whatever that is worth.
Oil ****s the bed when the economy crashes. I have screen shots in my phone when oil futures went NEGATIVE on April 20th 2020. It's great if you can think long term and wait it out. I did and I do. I don't see oil and gas stocks as a replacement for Gold.. far from it.

 

If the shtf gold is the last commodity that would be used as currency.

If you are looking for good returns on income that outpaces inflation, go with oil/gas stocks.

Many pay out 9-20% dividends yearly. OPEC Is not going to stop lowering output, and Brandon refuses new drilling leases.

You are talking 2 different situations here.
1. SHTF - electronic money disappears, paper money is fire starter - gold/silver will be means of exchange. Holding it now is a good insurance against many shtf scenarios.

2. Investing. Gold/silver generally terrible investments (such as investing in oil/gas companies).

 

I understand. But in a financial sense, (non shtf) oil and gas stocks are an excellent investment.

Petrobras is up like 10% this year, and gives out over 20% annual dividends.

Energy transfer is up, and has 10% annual dividends..far higher than interest in a savings account.

Exxon gives 3% dividends I believe, and this is on top of being up 25% this past year.

 

I don't get some people's thoughts with trading gold and silver if SHTF. My grandparents made it through the depression and my dad tells me they always had enough and they didn't trade gold and silver. Grandparents traded gas coupons, food from their farm, tools & sharpening skills. Grandfather was a master at repurposing. Local small store burned. Grandfather built a very solid cabinet from nails and lumber scavenged from the store (it was a mom and pop grocery store). That cabinet is still in use today and just as strong - around 100 years later.
Anyone wants to barter gold for my veggies. Give me a couple of bars, and I'll consider giving you a dozen carrots. What everyone is forgetting is in a real SHTF you can't eat gold and silver, make it into useful tools, with the possible exception of bullets.....

 

And yet for thousands of years people have used gold and silver as a means of exchange.

 

Just out of curiosity, why gold?

I would think silver would sell better than gold. Much cheaper and they would probably make bigger margins.

 

A NJ representative (Menedez) is currently facing corruption and bribery charges. Among his possessions (evidence collected) were envelopes of cash totaling 500,000 dollars and a gold bar (kilo).

If it's proven, he was accepting bribes, and one of those bribes involved a kilo of gold. Then it would be safe to assume that gold is probably a useful tool for bribing corrupt public officials.

More to the point, if you think bribery is a problem now, just imagine what it might take to survive after an economic collapse. Bribing a corrupt official may be the least of your problems. LOL

 

Gold and Silver are condensed wealth. IMO, stockpile OTHER things to barter with. Silver coins would be my only pick for ''Currency Exchange'' in/after SHTF.

 

You got silver and I got potatoes?

I'd Kill you and take your silver for myself.

Your wife and daughter Would be mine. If you had a son, I'd either kill him outright or force him to kill others for me, so I can procure more goods.

Okay big man....you're the clear winner in any SHTF scenario you can dream up. Enjoy your potatoes.

 

Okay big man....you're the clear winner in any SHTF scenario you can dream up. Enjoy your potatoes.
[/QUOTE

Deny reality all you want.

Go read about explorers that got stranded Looking for the NorthWest passage.

Lifelong friends, crewmates, etc. When things turned ugly, it always devolved into murder, treachery and cannibalism.

What always happened? The person with "the most" was hunted down.

All that sacrifice, time, food, prepping meant nothing when others can take it by force.

Warlords in Africa take all the grain meant / donated for their starving population.

The warlords kill those attempting to get some, and the starving kill each other.

Our country was pretty much founded on a shtf scenario that included, murder, cannibalism, and drinking the blood of weak members.

Silver wouldn't of helped when you are digging up long dead corpses to eat.

. The settlers of Jamestown

The first year at Jamestown was rough. Founded in 1607, the English settlement was home to 104 settlers. Only 38 made it through the first winter. Disease, drought, and dismal farming conditions forced the colonists to depend on cargo shipments for food. Things only got worse with the arrival of 300 new settlers and, not long after that, the harsh winter of 1609, which came to be known as "The Starving Time." According to George Percy, a Jamestown settler, the conditions were so bad that people ate their own boots.

Others resorted to nibbling on their neighbors: "[N]otheinge was Spared to mainteyne Lyfe and to doe those things which seame incredible, as to digge upp deade corpes outt of graves and to eate them," Percy wrote [PDF]. "And some have Licked upp the Bloode which hathe fallen from their weake fellowes."

For decades, historians were unsure if Percy was exaggerating. But in 2012, archaeologists discovered the bones of a 14-year-old girl, her skull cracked open to remove the brain—evidence that she had been cannibalized.

 

I would counter that Gold and Silver were used as currency exchange for Wealthy people. The poor and other classes paid taxes in farm produce, land labor and military service etc and in return were paid in Salt or Copper Coins etc.

“Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.”
- Norm Franz, Money and Wealth in the New Millennium

 

Never heard it put quite that way.

Kings, gentlemen, peasants and slaves are pretty much a thing of the past. Although, I suppose that could be updated.

Nations trade in gold and commodities, businesses trade in goods and services, peasants trade in labor and human traffickers trade in flesh. Oddly enough debt is pervasive and really isn't assignable.

I'll try to keep this brief, many years ago, I worked with a former Bosnian. When I asked how he fed his family during the war. He said he and his neighbors would pool their gold silver and valuables, use some of that to pay a bribe at the border to get out of Bosnia, then they were over charged for the food they bought elsewhere, apparently using the same gold, silver and valuables as currency. Then they paid yet another bribe, usually in food to get back into Bosnia... just so they could feed their families.

I can remember a time when our coinage was gold and silver. Then Nixon took us off the gold standard (71-72) Shortly thereafter gold and silver prices skyrocketed, the government vacuumed up the silver and gold coinage and the rest is history.

 

If the hypothetical hoard of murdering/raping mongols are spreading across the land....what are you going to grab and stuff in your bugout gear.

Your potatoes?
Or your gold?

"IT'S HAPPENED OVER AND OVER AGAIN!!"....or something like that, etc ad nauseum.

Gold and silver are excellent insurance against almost all kinds of SHTF/TEOTWAWKI scenarios and should be planned for in balance with other preparations.