Gold - ATM

Interesting post at Engadget - Gold to be sold at out of an ATM!


The collapse of the finanical markets in America has really driven this!

Goldline might be a bust (sorry, Glenn), but you're not gonna let that stop you from preparing for the imminent collapse of society. Or maybe you just want to hang with your friends at the Ayn Rand Book Club (The Fountainhead again?) and they prefer Krugerrands to the fiat currency of the USA. Any way you slice it, Americans (including our friend Scott) have "gold fever." Luckily, it turns out that the Gold To Go vending machines we saw early this year are on their way to the states. Stocked with up to ten different gold bars or coins, these bad boys accept cash or plastic and use a VPN to phone home to Germany for updates on the cost of precious metals every 10 minutes. They also feature an ID scanner / camera combo for preventing (or at least slowing down) potential money launderers. The devices can be found currently in the Emirates Palace Hotel in Abu Dhabi, Bankshop in Reutlingen, Germany, The Westin Palace in Madrid, and the Orio al Serio International Airport, and they'll be hitting Las Vegas and Florida sometime this year. There might also be one next to the Coinstar machine at the Murray Ave. Giant Eagle (we'll check it out and let you know).