A Costco gold collector has bought more than $100,000 of coins this year — mostly for flipping

A Costco gold collector has bought more than $100,000 of coins this year — mostly for flipping

Dominick Reuter/Business Insider

The frenzy around Costco's selling of precious metals is creating a kind of arbitrage opportunity for some gold enthusiasts — though it's not without the risks that come with short-term trading and skirting the company's rules.

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