Flipping Gold Bars from Government and Costco

Buy gold bars from Costco (cheapest retail gold source) or find gold lots on GSA government auctions and resell to custom jewelry makers and gold buyers. One GSA auction had 43 one-ounce gold bars with potential ~$15,000 profit margin. Costco gold can be bought at self-checkout.

Startup Budget

$2K – $200K

Difficulty

Advanced

Business Type

Hybrid

Location

Anywhere

Time Commitment

Flexible

Revenue Potential

$5,000-$15,000 per deal

Skills Needed

gold market knowledgeauction biddingprecious metals authenticationcapital management

Watch the Full Breakdown

Flipping Gold Bars from Government and Costco — YouTube thumbnail

Watch on YouTube — Chris Koerner

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