Gold dispensing ATMs coming to U.S.?

By on Sep 28, 2010 at 10:35 AM
Humor September 28, 2010

If we told you an ATM was coming to the United States that dispensed its payload in 1 gram, 5 gram, 10 gram, and 1 ounce quantities, what would you think it was? Before you get too excited and fire up that Bob Marley EP, it’s gold. A German firm plans on deploying ATMs that dispense pure Au in the U.S. beginning this year. Company Gold to Go is looking to “take advantage of demand” for gold bullion that arises in times of economic turmoil. The machine’s creator, Thomas Geissler, said, “This year we will issue around 35 machines, and for next year we are looking for bigger numbers.” Unsurprisingly, the company’s first gold-dispensing ATM was deployed in Abu Dhabi’s Emirates Palace Hotel last May. Currently, gold is trading at right around $1,300 an ounce.

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  • Wraithvernon

    Wake up sheople! This is the beginning of the end of the dollar. Not just the american dollar but all currency. They have to implement some kind of currency to keep people from starting a revolution. After reviewing the responses from people, seems like people are just freely giving up all their rights. It’s just an ATM it doesn’t mean anything. Wake up, do some research, start a revolution. Lets take this planet back from the ruthless cutthroats that are holding everyone back.

    • raitheworn

      people are awake. are you awake, or thinking straight? i bet most people stop reading your comment as soon as they see “sheople” in your first sentence.. why dont YOU start a revolution, instead of complaining about how superior you are to everyone else?

  • Sean

    You’ve got as knack for B.S. Stop telling people to wake up you idiot, people are awake, the reason that alot of people buy gold is because they know the dollar is weak and they want it as insurance if the dollar looses all value – as the article just implied. So calm down.

  • jarrod

    Ate they going to call it. “Gold box” ?

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