Using your 'back of envelope' figures.
A billion dollars in 'windfall' profits, on around a billion shares.
Split the additional profits between the company and the share holders, means an additional 50 cents per share on annual dividends, for a total of 80 cents.
Now watch the share price move upwards to its 'authentic' valuation, rather than the managed price, suiting nefarious interests.
And at $US3000 gold, sometime later this year, that is another billion dollars in 'windfall' profits, so repeat and rinse!
And also, when can we buy gold at Woolworths/Coles and friends? Imagine the conversations, at the checkouts, and the media interviews
Costco in the US sells gold bars.."You've probably read about the fact that we're selling one-ounce gold bars. We sold over $100 million of gold during the quarter," sad CFO Richard Galenti.
Now, Wells Fargo estimates that Costco "may now be running at" $100 million to $200 million per month in gold sales.
"Our work suggests there has been significant interest given COST’s aggressive pricing and high level of customer trust," said analyst Edward Kelly in a Tuesday note to clients. "The accelerating frequency of Reddit posts, quick on-line sell-outs of product, and COST’s robust monthly eComm sales suggests a sharp uptick in momentum since the launch," CNBC reports.
Costco is selling one-ounce bars made of nearly pure 24-karat gold. While the price is not disclosed online to nonmembers, it’s estimated that the product generally sells for about 2% above the spot price, which as of Tuesday morning was around $2,357 an ounce. That would put the price at Costco just over $2,400.
Sales of Costco gold bars are now limited to five per customer (up from two), while executive members receive 2% back. Those who use their Citigroup credit cards will receive a further 2%.
- Forums
- ASX - By Stock
- NST
- First post in a few years
NST
northern star resources ltd
Add to My Watchlist
0.15%
!
$16.45

First post in a few years, page-3
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$16.45 |
Change
0.025(0.15%) |
Mkt cap ! $23.47B |
Open | High | Low | Value | Volume |
$16.43 | $16.63 | $16.28 | $44.83M | 2.662M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 7050 | $16.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.45 | 2386 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 3894 | 16.440 |
20 | 14171 | 16.430 |
13 | 7815 | 16.420 |
18 | 11053 | 16.410 |
14 | 11384 | 16.400 |
Price($) | Vol. | No. |
---|---|---|
16.450 | 2435 | 20 |
16.460 | 12366 | 24 |
16.470 | 8952 | 23 |
16.480 | 7247 | 14 |
16.490 | 10021 | 10 |
Last trade - 12.24pm 17/07/2025 (20 minute delay) ? |
Featured News
NST (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Iggy Tan, Executive Chairman
Iggy Tan
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online