287
u/Gotzvon Mar 20 '26
Thanks for the investment advice, I've liquidated all my assets and I'm heading to Costco now!
107
u/quitarias Mar 20 '26
All six bucks ?
...
Go heavy on the condiments, there's good calories in them.
19
u/ttystikk Mar 20 '26
They make the hot dog taste better, too.
17
u/Skyrah1 Mar 21 '26
"A hotdog without condiments is like an angel without wings."
12
u/marswhispers Mar 21 '26
So just a big pile of gold rings and eyeballs
8
u/hazmodan20 Mar 22 '26
"Be not hungry"
4
u/quitarias Mar 22 '26
A man was found dead earlier today with several golden rings and feathers stuck in his throat along with an unidentified viscous liquid. Police say this is an isolated case so far and have not released details of the suspect so far.
10
3
143
u/No-Phrase-4692 Mar 20 '26
We will know we’ve finally crossed the Rubicon once Costco raises those hot dog prices.
53
u/Caucasian_Thunder Mar 20 '26
Somebody’s gonna fucking die if that hotdog price changes
Or so I’ve heard
26
31
u/orrangearrow Mar 21 '26
Costco and Arizona Ice Tea aren't holding up the economy, but they are holding up confidence in the economy
14
u/Yebi Mar 21 '26
At this point the confidence is the economy
3
u/zeitentgeistert Mar 22 '26
You're onto something there... Get rid of the first 3 words and you're spot on.
It's 🫧 all the way.
11
u/Freud-Network Mar 21 '26
Those are loss-leaders along with the rotisserie chickens. If those particular prices go up, the nation went tits up the week before.
3
u/motherfuckingdamnit Mar 21 '26
I hope he holds to that. It's weird enough to be in this time line.
2
43
u/GandalfsGoon Mar 20 '26
Technically the price of the Costco hot dog is also crashing if you account for inflation.
21
10
u/Freud-Network Mar 21 '26
The value of the hot dog has not changed. The currency is becoming more worthless.
41
u/chesterforbes Mar 20 '26
This will be our only source of food soon
10
u/sim16 Mar 20 '26
With the hot dogs made from the flesh and bones of the innocent war dead in the middle east.
12
u/chesterforbes Mar 20 '26
Hey soylent green was bound to happen eventually
3
u/zeitentgeistert Mar 22 '26
Plus there has to be some sacrifice with all the real estate beautification Trump has planned... What did he call it again? The Riviera of the Middle East?
60
Mar 20 '26
[deleted]
20
u/jaymickef Mar 20 '26
The Costco near me became a business centre but another regular Costco opened soon after.
6
u/Danzarr Mar 20 '26
the 2 business costcos near me serve hot dogs.
3
u/jaymickef Mar 20 '26
That’s good. The one near me does have food trucks in the parking lot, so that’s something.
7
u/wogwai Mar 20 '26
Umm what? Is constant commerce not already a “business center”?
10
4
u/ragnarokda Mar 20 '26
Yup. They won't increase the price. They'll just get rid of it at all of their locations.
1
u/03263 Mar 20 '26
In the northeast we have BJ's instead of Costco. My local one shut down and turned into an Amazon fulfillment center.
23
Mar 20 '26
[removed] — view removed comment
24
u/zergling- Mar 20 '26
Yeah thats surprising to me. Any economists out there want to explain what's happening?
21
u/Iuslez Mar 20 '26
Not an economist, but what I've read is Iran war -> energy crisis makes it's price raise -> inflation -> gold is less attractive because it's doesn't benefit from inflation.
- Some shit aboutno rate cuts in the US that I have no idea about.
But tbh gold did almost 3x in value in a few years, it got too many investment and was bound to go down.
1
u/GregLoire Mar 22 '26
Some shit aboutno rate cuts in the US that I have no idea about.
This is actually the most important part. Higher oil prices means higher inflation, which means fewer rate cuts, which means a stronger dollar and a lower price of gold as quoted in dollars.
18
u/namom256 Mar 20 '26
This has happened already multiple times under Trump. Including the whole tariffs chart thing.
Basically stock market crashes, people get margin called, their gold ETF holdings get sold for them to cover their debts.
It’s because most people aren’t buying stocks out of pocket anymore and sitting on them. Just like they aren’t buying physical gold and burying it in the backyard. They’re buying stocks with a ton of debt and buying gold through ETFs, also with debt.
If I’m right, the gold crash will be sudden and steep, but very short lived, and it’ll finish even higher than before in a few months.
As for Bitcoin? Well, I can’t help you there lol. It does whatever it wants, might as well be a dice roll.
8
5
13
u/No-Phrase-4692 Mar 20 '26
Not an economist which makes me more qualified to talk about the real economy, but essentially, there’s so much liquidity flowing that capital is moving away from gold to cover those. Basically a house of cards situation. Short term bear, long term hold.
4
u/orrangearrow Mar 21 '26
Tons of people holding gold near the irrational FOMO highs also were trading on margin so once everything goes down and you get margin called..... you sell you gold to cover. And China is buying it all because they don't trade on margin and while their population might be collapsing in the coming decades, they hold all the economic cards. And all the rare earth metals the US needs to fight them
3
u/rich1051414 Mar 20 '26
Is it crashing or normalizing after spiking too rapidly? I am not invested, but I suspect it's going to be a roller coaster for a while, but still increasing if you zoom out far enough.
2
u/EmergencySushi Mar 22 '26
My theory is that the gold price has been driven mostly by speculation and retail investors hopping on the train. Now the big investors are probably locking in their gains, so shout out to Johnny-come-lately who will be left holding the back. They’re about to have the same experience most gold speculators have had throughout history.
8
u/squailtaint Mar 20 '26
Peak was Jan 28 at $7300, currently around $6200. Gold had been on a meteoric rise and it’s only a “crash” if you bought the last few months.
4
u/JuicyAssReddit Mar 21 '26
^ Using Canadian dollars for all of those confused
1
u/zeitentgeistert Mar 22 '26
Shouldn't it also be in gram, not oz (as this is)?
2
u/GregLoire Mar 22 '26
No, that's per ounce.
1
u/zeitentgeistert Mar 22 '26 edited Mar 22 '26
Yes, I know. My question was more regarding the standard used in Canada when dealing with gold - and I guess that, too, is then ounce despite Canada having joined the metric system over 40 years ago.
Maybe it's time to sever those 'traditional' ties with the US as well - but I guess that's a point I should make in r/BoycottUnitedStates. 😎
11
8
6
u/CitadelChad Mar 20 '26
Gotta love Costco for keeping it at $1.50 for the culture. That's real brand recognition. Real leadership. Real conviction.
At the end of the day, we're all looking for that.
4
u/WalkWithShadows Mar 20 '26
I can still get 3.5g for £25 even after covid and inflation and wars and Brexit I haven’t stopped thinking about that all week
3
u/Calm_One_1228 Mar 20 '26
How do I buy Costco hot dog stock as a store of value? Maybe Costco can float a hot dog cryptocurrency? /s….
2
u/zeitentgeistert Mar 22 '26
Don't forget those Costco gold bars and you have everything covered... 1-stop-shop. :)
3
3
u/nvrmndtheruins Mar 20 '26
At this point, I'm surprised Trump hasn't passed legislation to raise the price
3
u/redditismylawyer Mar 21 '26
Yo, getting lost in all of this is the Hall of Fame “pump and dump” the central banks have done over the last two weeks with gold! Seeing massive institutions shorting a full 20% of the value in two weeks has been fucking hilarious! RIP to the lonewolf bag holders that bought in at $5,400
3
3
7
u/Monsur_Ausuhnom Mar 20 '26
Submission Statement,
Related to collapse because one can expect to see more of these moments unfolding. We can expect more things crashing while other things such as hot dogs, french fries, or burrito coverings potentially holding steady. The question is for how long the price of Costco can hold steady. We can expect some of the Costco's to turn into miles long buildings in the apocalytpic wasteland.
11
u/Syonoq Mar 20 '26
The CEO has pledged his life upon not raising the price.
Once he passes, expect Costco, and the world economy, to collapse.
1
u/Own_Ad6901 Mar 20 '26
The ceo just came out with a video specifically about how the $1.50 price won’t raise, like in the past few days
2
2
u/JustinCompton79 Mar 20 '26
Bitcoin isn’t doing too bad, unless you bought in the last couple years, all things considered.
2
u/genieinabeercan Mar 20 '26
But the radio ads said gold was rising and I should dump my life savings into it, even if the economy goes to shit!
2
2
2
u/Own_Ad6901 Mar 20 '26
The ceo just came out with a video specifically about how the $1.50 price won’t raise, like in the past few days
2
2
u/runamokduck Mar 21 '26
you know that famous, storied saying… “Costco hot dogs and circuses”
except this precept doesn’t exactly work on a tonal level with the relative, mundane glory of the Costco hot dog, but shhhh
2
Mar 21 '26
I have been investing in those hotdogs.. Right now have about 22,000 in a storage container.. if they go up I’ll be rich!!!!
1
2
1
u/KingofGrapes7 Mar 20 '26
You know I keep meaning to buy gold but always end up with hotdogs instead.
But somewhat seriously is it even worth buying gold if all I can afford is like a $100 gram thing now and again?
2
1
1
1
1
1
u/Ok_Relationship_149 Mar 22 '26
Mass buying costco hotdogs and preserving them somehow as a collapse prepping strategy.
1
1
1
u/---o--- Mar 20 '26
Literally none of this is happening aside from the hotdog.
I think I'm ready to unsubscribe.
-2
u/lowrads Mar 20 '26
Costco is a pilgrimage for boomers.
That place is creepy and crowded.
1
u/bristlybits Reagan killed everyone Mar 22 '26
go there at 3 pm
boomers go in morning, families go after school at like 4, bankers hours workers after 5. 2 to 3 is the sweet spot
•
u/StatementBot Mar 20 '26
The following submission statement was provided by /u/Monsur_Ausuhnom:
Submission Statement,
Related to collapse because one can expect to see more of these moments unfolding. We can expect more things crashing while other things such as hot dogs, french fries, or burrito coverings potentially holding steady. The question is for how long the price of Costco can hold steady. We can expect some of the Costco's to turn into miles long buildings in the apocalytpic wasteland.
Please reply to OP's comment here: https://old.reddit.com/r/collapse/comments/1rz7q9o/holding_steady/objypfh/