ATM dispenses gold bars

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darbikrash's picture
darbikrash
Status: Platinum Member (Offline)
Joined: Aug 25 2009
Posts: 573
ATM dispenses gold bars

 

 

Quote:

Next time you're in Abu Dhabi and have to get some gold in a hurry (and we've all been in that situation, right?), you can just drop in to the Emirates Palace hotel, pop a few bills into the ATM and walk out with gold bars. The machine, Gold To Go, monitors gold prices and automatically updates its pricing every 10 minutes.

According to Emirates Palace, the machine has a range of built-in security features, including anti-money-laundering software. We suspect it also comes with some sky-high fees or commissions. But we suppose that anyone who needs to convert cash to gold so quickly that they'll use this, probably isn't worried about that (though we suspect that they may be a little concerned about that anti-money-laundering software).

http://consumerist.com/2010/05/get-gold-bars-from-abu-dhabi-atm.html

 

 

 

machinehead's picture
machinehead
Status: Diamond Member (Offline)
Joined: Mar 18 2008
Posts: 1077
Re: ATM dispenses gold bars

Another component of vending machine utopia exists in Japan -- BEER:

With a third component -- a cannabis vending machine, which doesn't exist anywhere now -- useless fiat 'bills' could be converted to real money or to transient dreams.

Welcome to the workers' paradise! Cool

JAG's picture
JAG
Status: Diamond Member (Offline)
Joined: Oct 26 2008
Posts: 2492
Re: ATM dispenses gold bars

This is old news, its been in German airports for some time now...

machinehead's picture
machinehead
Status: Diamond Member (Offline)
Joined: Mar 18 2008
Posts: 1077
Re: ATM dispenses gold bars

Is that a tray of gold dust in your hand, dear, or a steaming schnitzel?

V's picture
V
Status: Platinum Member (Offline)
Joined: Dec 14 2009
Posts: 849
Re: ATM dispenses gold bars

Somehow  I recall Ben Frankllns being rolled up and used for "other" things. Mabye we should have a thread devoted to all the uses of American currency after the crash. It could prove useful when rolling papers are no longer available. Now back to my transient dreams.

You keep thinking MH that's what you are good at.

V

LogansRun's picture
LogansRun
Status: Diamond Member (Offline)
Joined: Mar 18 2009
Posts: 1444
Re: ATM dispenses gold bars

It's interesting that the sign next to it is in Russian.  Sort of like here where everything has a Spanish translation next to it. 

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