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ATMs That Dispense Gold Bars Coming To America
tetrahedrassface writes "As the US 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, and will 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 from a safety standpoint would it be fine to have a couple of ounces in your pocket while walking around the mall? The giant, gold-dispensing ATMs 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.
Time to hit up dictionary.com. Bullion is a term for currency in raw form. Ever seen a pirate movie? Perhaps heard a phrase about "gold bullion". They're installing 35 gold bullion machines, not 35 billion of them. You should learn what words mean before you correct people as it just makes you look like a total fool.
http://dictionary.reference.com/browse/bullion
1. gold or silver considered in mass rather than in value. 2. gold or silver in the form of bars or ingots. 3. Also called bullion fringe . a thick trimming of cord covered with gold or silver thread, for decorating uniforms. 4. embroidery or lace worked with gold wire or gold or silver cords.
No, you get to stay in yours. You know, where your purchasing power is continuously diluted by inflation and "Quantitative Easing" ie money printing.
Enjoy your Zimbabwe.
lol, you think hoarding worthless metal is stopping the creation and circulation of real goods?
It must be opposite day in modland.
The point is that ethical news organizations -- which Fox News, credible or not in doing so, pretends to be -- don't allow employees who are also paid advocates for a product or cause to address that cause through the news organization without disclosing that interest.
Do you feel the same way regarding Gore's global warming investments and his warnings Re: such.
I know you're only used to public radio and TV, where funding comes from taxpayers and suckers who buy overpriced CDs and DVDs, but the rest of us dirty capitalists make money by selling stuff.
Gamingmuseum.com: Give your 3D accelerator a rest.