Costco (NASDAQ:COST) shoppers are snapping up something unexpected these days, according to “Rich Dad Poor Dad” author Robert Kiyosaki. It's not “discount toilet paper or bulk baked beans” that's flying off shelves, but gold, he said. Gold Rush in the Aisles “Costco cannot keep enough gold bars and coins in stock,” Kiyosaki said in a May 9 post on X. He argues this shift shows regular Americans are finally listening to his long-time message: “Savers are losers” and real wealth is in assets like gold, silver and Bitcoin. Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share! Kiyosaki claims the surge in gold sales at Costco shows the poor and middle class are converting what he calls “fake money” into something real. “It means the poor and middle class have finally got my rich dad’s message... and are now saving real money,” he wrote. He also connected this trend to moves by global central banks, who he says are “dumping U.S. Treasury bonds and buying gold.” But not everyone agrees with his take. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share. Critics Say the Hype Doesn't Hold Up A commenter on X argued that buying physical gold is impractical unless you’re prepping for a worst-case scenario. “Unless you believe there will be an apocalyptic event, holding physical gold is both risky and illiquid,” he wrote, arguing that ETFs or gold contracts are a more logical choice. Another user took issue with Kiyosaki's description of Costco shoppers. “Excuse me Robert. The ‘poor’ do not shop at Costco. Have never seen them there. The membership ‘fees’ are a non-starter for the lower income group,” he posted. Story Continues Kiyosaki, however, has doubled down on his distrust of traditional finance, particularly ETFs. In March, he posted on X, “Do what is best for you... Yet I would never buy gold, silver, or Bitcoin ETFs. In my opinion, ETFs are as fake as the U.S. dollar and U.S. bonds.” See Also: Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000. He believes real ownership comes from holding physical assets directly. In an interview on the “Daniela Cambone Show,” he explained, “I don’t trust the Fed, the Treasury, or Wall Street. That’s why I own gold, silver, and Bitcoin.” Kiyosaki sees ETFs as Wall Street products that put distance between investors and the real thing. For him, buying gold at Costco isn’t weird, but a sign that more people are taking financial matters into their own hands. Read Next: Be part of the next med-tech breakthrough for only $350 — 500+ surgeries already done with nView's AI system. ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/share with a $1000 minimum. Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? COSTCO WHOLESALE (COST): Free Stock Analysis Report This article Robert Kiyosaki Says It's Not Toilet Paper Or Baked Beans Flying Off Costco Shelves—It's Gold. Here's What He Says It Means originally appeared on Benzinga.com © 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View Comments
Robert Kiyosaki Says It's Not Toilet Paper Or Baked Beans Flying Off Costco Shelves—It's Gold. Here's What He Says It Means
You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more
Start Your Free Trial Now!Download Free Report – Explore 3 Stock Ideas & Industry Insights
Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.
All investments involve risk—consider independent advice before making any investment decisions.
View 3 Research ReportsThis information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.
Please wait processing your request...