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After seeing massive success selling gold bars…
Costco is now tapping into a new similar market: Selling silver coins.
It could be a smart move considering people are doing everything they can to combat the inflation that we have.
Costco began selling 1-ounce 24-karat gold bars back in September.
And it was an amazing success.
In fact, in the three-month period ending on November 26…
The wholesale retailer sold more than $100 million in gold bars.
People were paying above market value for them.
But it didn’t matter.
They couldn’t get enough of them.
As Costco CFO Richard Galanti said:
“When we load them on the site, they’re typically gone within a few hours.”
Now Costco is selling silver coins too.
Sold in 25 tubes…
The 1-ounce Canada Maple Leaf Coins are priced at $679.99.
Frankly, gold and silver can be a good investment to combat inflation.
But there are many ways for you to do so IF you have the right strategies.
One of those strategies is a little-known type of fund that some of the most well-known investors—people like Bill Ackman and Warren Buffett—use to grow their income and wealth in uncertain times.
Yours in Wealth,
Ian Wyatt