I go to Costco every Friday to shop for groceries, and on occasion over-the-counter medications.

Today, while I was wheeling through the store with my push cart (which I need to help me walk before my knee operation in about three weeks), I happened to pass this sale flyer for an ounce of gold. Real 24kt gold. That sure is expensive, except when I googled for the price of one ounce of pure gold I discovered it is currently selling for @2,330/ounce (rounded). I guess that extra $40 is for the special stamping and whatnot that also comes with that one ounce gold bar.

Needless to say I can’t afford such an item, and if I did, I don’t think I’d buy mine from a Costco. The sales tax alone for just one bar is more than what I paid for my groceries today.

I knew “my” Costco attracted a well-heeled clientele, but I didn’t realize they were this well-heeled. Me, I’m just one of the many hoi polloi.

Links

Convert Gold Ounces to US Dollars — https://www.xe.com/currencyconverter/convert/?Amount=1&From=XAU&To=USD