Gold Rush! Leftist Tears Can't Stop Bullion Bonanza

Boom! The price of gold just hit an all-time high this week, sending a standard gold bar soaring to a cool $1 million for the first time ever. Cha-ching! 💸🏦

A standard gold bar—the kind Scrooge McDuck swims in—weighs 400 Troy ounces or 27.5 pounds, says the U.S. Gold Bureau. By Friday noon, one of those bad boys was fetching over $1.3 million. That's right, folks, gold is now over $2,500 per ounce. ✨💰

From New Year's Day to Aug. 22, 2024, gold skyrocketed from $2,066.32 to $2,500.72 per Troy ounce, a whopping 21.02% increase. By Tuesday's close, spot gold hit a historic high of $2,514. Libs can't handle the boom! 📈💥

Even Costco jumped on the gold train late last year, selling 1 oz gold bars and other shiny metals. Who knew Kirkland Signature gold was a thing?

Gold 101: What You Need to Know

Current Price: Spot gold is sitting pretty at $2,515.83 as of Friday afternoon. Ka-ching! 💵

Gold is measured in Troy ounces, heavier than regular ounces (1.097 "normal" ounces or 31.10 grams), hailing from medieval times in Troyes, France.

Spot gold is the price for instant delivery—none of that future-bet nonsense. It's all about the here and now, baby!

Track gold prices over the past year with Blueprint and watch the libs squirm. 📊😄

Why Gold is Going Gangbusters

Investopedia says gold prices are swayed by supply and demand, interest rates, market volatility, and risk. In just five years, gold has rocketed from around $1,200 to today's massive highs. 🚀🌙

While some research says gold doesn't directly correlate with inflation, people are flocking to it for stability amidst crazy inflation and a shaky real estate market. Jonathan Rose from Genesis Gold Group told CNBC, "People want a tangible asset that’s going to be a safe haven."

Gold is the ticket for self-sufficiency in a turbulent cash market. Amen to that! 👌🏡

Costco's Gold Bars: Millionaire Dreams?

Costco started selling gold in Oct. 2023, making over $100 million in sales by 2024's first quarter. Their bars are one Troy ounce each, far from the big boys valued at $1 million. 🛍️💛

As of Friday afternoon, one Troy ounce sells for $2,515.83. If you've got 400 Costco bars, you’re sitting on about $1.006 million. But with a purchase limit of two bars per customer, don’t quit your day job just yet! 😆💼

Stay tuned, folks! The gold rush is just getting started, and the left can't stop it! 🔥🌟