Jun 18 2009
Gold To Be Sold Through Vending Machines in Germany!
A New York Times article today titled ‘Looking to Buy Gold? Grab a Sack of Quarters First’ says that a German company is building vending machines that will dispense gold coins. The company apparently is targeting a ‘machine franchising’ model that will enable customers to buy 1, 5 and 10-gram pieces of gold, and 1/10 ounce Canadian Maple Leafs and South African Krugerrands. A one-gram piece, the size of a child’s fingernail, now costs about 30 euros, or U.S.$42.
This is interesting, and frankly to some degree amusing – at least to me. The real question is: Is this a relevant ‘sign of the times’ or not?
Click here for Gold Mining Stock Research.
See Blog Legal Disclaimer
| Timely Research on more than 1,600 Canadian Mining and Oil & Gas companies. |
| Free subscription, click here! |
Possibly Related Posts:
- Consequence of Iranian Oil Embargo?
- 2012 – More Difficult Than 2011?
- Iran v. United States!
- Banks on 2012 Gold Price?
- Gold Standard – Roubini – Lunatics and Hacks!
