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Fancy ATM skips the folding cash, spits out gold

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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-10 08:31 AM
Original message
Fancy ATM skips the folding cash, spits out gold
Source: AP



BOCA RATON, Fla. – Shoppers who are looking for something sparkly to put under the Christmas tree can skip the jewelry and go straight to the source: an ATM that dispenses shiny 24-carat gold bars and coins.

A German company planned to install the machine Friday at an upscale mall in Boca Raton, a South Florida paradise of palm trees, pink buildings and wealthy retirees.

Thomas Geissler, CEO of Ex Oriente Lux and inventor of the Gold To Go machines, says the majority of buyers will be walk-ups enamored by the novelty. But he says they're also convenient for more serious investors looking to bypass the hassle of buying gold at pawn shops and over the Internet.

"Instead of buying flowers or chocolates, which is gone after two or three minutes, this will stay for the next few hundreds years," Geissler told The Associated Press in a telephone interview.

Read more: http://news.yahoo.com/s/ap/us_gold_atm



Just in time for their extended, increased tax cuts.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Fri Dec-17-10 08:37 AM
Response to Original message
1. Deleted message
Message removed by moderator. Click here to review the message board rules.
 
safeinOhio Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-10 08:38 AM
Response to Original message
2. Makes me think of
shaking the candy bar machine when I lost a quarter.
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Angry Dragon Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-10 10:14 AM
Response to Original message
3. I wonder if the rich will be able to put one in their house
That way the government could let them get their cash without going to the bank
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JackInGreen Donating Member (203 posts) Send PM | Profile | Ignore Fri Dec-17-10 11:00 AM
Response to Original message
4. Does this
make anyone else as nauseous as it does me?
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awoke_in_2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-10 11:42 AM
Response to Reply #4
6. I clicked on this story...
just after reading the one about how many people (like those who work multiple jobs, or those working on Social Security) are going to have to pay back "extra" money they got from the Getting America Working scheme. "Nausea" isn't quite a strong enough word.
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bergie321 Donating Member (797 posts) Send PM | Profile | Ignore Fri Dec-17-10 11:40 AM
Response to Original message
5. How long?
Before 1 of these is stolen?
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Heywood J Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-10 07:20 PM
Response to Reply #5
8. Probably until the mall closes the night after it's installed.
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awoke_in_2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-17-10 11:45 AM
Response to Original message
7. it is wrong....
but I want to walk up to each one of those people in the pic and beat them with a baseball bat. No, it isn't wrong- they got their wealth through fucking the rest of us. Let them eat wood.
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