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Buying GOLD at ATMs

submitted on May 13, 2010 by orangearrows in "Stores / Merchants"
http://consumerist.com/2010/05.....i-atm.html

Once in a while, while intoxicated, you might end up taking a couple hundred dollars out of the ATM that you really shouldn't have. It's not great, but it's also not the end of the world. But if that ATM could dispense solid gold? Well, that opens the door for much more destructive mistakes.

In (where else?) Abu Dhabi's Emirates Palace, this ATM offers up gold coins up to 10 grams in size with customized deisgns whenever you want. It monitors the daily price of gold and adjusts its rates accordingly, so you know you're paying the proper price. And really, this is very convenient. I can't tell you how many times I've needed a hunk of gold at 1am and just couldn't find a place willing to sell it to me.

     

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  • 62017
    HouTex
    admin
    Posted by HouTex on May 13, 2010
    [reply] 3 0
    Orange, the formatting code is breaking your link. The link is good http://consumerist.com/2010/05.....i-atm.html , but you need a space after the URL to make it work.
      62018
    • orangearrows
      professor
      2 3
      7 1 1
      Posted by orangearrows on May 13, 2010
      [reply] 4 0
      Thanks Houtex. Good catch - should be fixed now.
  • 69886
    YanBz
    admin
    Posted by YanBz on July 14, 2010 [reply] 0 0
    Gabyperu just found this video:



    The Emirates Palace, one of the top five star hotels in the UAE capital owned by the ruling family, has installed a gold-dispensing machine. The ATM-style kiosk monitors the daily gold price and offers small bars up to 10 grams or coins with customised designs.

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