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ATM’s That Dispense Gold Bars Coming To America

September 28th, 2010 09:08 admin Leave a comment Go to comments

tetrahedrassface writes “As the U.S. economic woes continue unabated, a German company is bringing gold bearing ATMs to Mainstreet America. The machines accept credit cards, and will dispense 1 gram, 5 gram, 10 gram and 1 ounce units, as well as various gold coins. The company hopes to install 35 bullion machines in the United States this year, hopefully have several hundred up and running by next year. The machines will be decorated like giant gold ingots and be over two meters tall. Physical gold has both pros and cons, but mainly from a safety standpoint would it be safe to have a couple of ounces in your pocket while walking around the mall? The giant gold dispensing ATM’s will monitor the market conditions for gold every 10 minutes in order to reflect spot price changes as they occur.” We already covered similar machines installed in travel hubs across Germany.

Source: ATM’s That Dispense Gold Bars Coming To America

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