Costco's Unique Stance on Scanners and Sales of Gold Bars

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This chapter humorously portrays a man at Costco resembling Colonel Sanders and Albert Einstein, who refuses the LED scanner light on his purchases, sparking banter among onlookers and cashiers. It delves into Costco's innovative approach to selling gold bars at close to spot price, discussing inflation concerns and highlighting the cultural significance of physical gold in India and Pakistan. The conversation transitions to global gold acquisitions, investment strategies in gold versus gold ETFs like GLD, and the recent surge in gold prices compared to Bitcoin narratives, ending with a discussion on maximizing credit card points.

NIA boys discuss Costco Gold Bars, Tesla Robotaxi, Full-Self Driving (FSD) Review & Drake AI Diss Track

Timestamps:

(00:00:00) - Intro
(00:01:10) - Meme of the Week
(00:05:19) - Costco Gold Bars
(00:21:13) - Tesla Robotaxi & Full-Self Driving (FSD) Review
(00:58:00) - Drake AI Diss Track
(01:09:05) - NIA Content Strategy

What Is Not Investment Advice?

Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.

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