3 ms·
No. The easier explanation is that Costco whose customers are regularly middle class and above, love to buy whatever Costco shoves in front of them. There are o
by infecto 3y ago
No. The easier explanation is that Costco whose customers are regularly middle class and above, love to buy whatever Costco shoves in front of them. There are other observations to be made based on cultural demographics that could also explain why these get sold so quick. I don’t think any of it has to do with your conspiracy theories though.
- addicted 3y agoThis is almost exactly it. Costco shoppers will buy whatever they push. And I suspect the cultural factors you’re talking about are the large number of middle class Indian and Chinese Costco shoppers who will buy gold regularly culturally, and if they see gold being sold in Costco I suspect they will buy it instantly.
- alephnerd 3y ago> large number of middle class Indian and Chinese Costco shoppers who will buy gold regularly culturally Gold hoarding wasn't much of a Chinese thing, and Indian gold purchases were a mix of regional biases (South Indian families seemed to purchase way more gold than equally well off North Indian families) and tend to skew more towards jewelery (why buy a store of wealth when you can buy a store of wealth and show off to the other aunties as well). This is just being used to take advantage of deflated consumer expectations, as the article itself said
- datavirtue 3y agoCostco is their hobby.