WELCOME TO COSTCO. GOLD BARS ARE IN AISLE 9, NEXT TO THE MAYO
What actually happened: Costco sold more than $100 million in gold bars last quarter
IDIOCRACY LEVEL: 7/10
Costco's finance chief said in December 2023 that the warehouse club sold more than $100 million worth of gold in its fiscal first quarter. The one-ounce bars typically sold out within hours online, were limited to two per membership and could not be returned.
Welcome to Costco, I love you. In late 2023 the nation's favourite warehouse revealed it had sold more than 100 million dollars in gold bars in a single quarter, right alongside the bulk toilet paper. Members were limited to two bars each, the bars sold out within hours, and no refunds were allowed. Economists of 2505 now recommend keeping your entire retirement in the Costco food court.