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That's right. Didn't confirm, but friend told me it was 13% above spot-price.
https://www.costco.co.kr/JewelryWatchesAccessories/24K-GoldSilver/c/cos_7.7.1
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So the kimchi premium isn't exclusively for Bitcoin it seems lol!
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Costco is brining in a nice healthy $200 million a month doing this as well.... it is WILD!
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This happened at Costco recently also.