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Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 10:34 am
by Tsukiyumi
Forget about Doritos or Diet Coke next time you're at the vending machine. How about a shiny Krugerrand instead?
Investors are hot for gold right now. So hot, in fact, that one German company has seized on the opportunity and wants to roll out gold vending machines at airports and train stations.
The company, TG-Gold-Super-Markt, wants to sell customers chunks of gold weighing 1, 5 or 10 grams, as well as Canadian Maple Leafs and South African Krugerrands, The New York Times reports (you can see a picture of the machine in the link). One gram of gold runs for about $42.
The company wants to sell the machines for about $28,000 each, and will keep them stocked. And just in case the machines become sitting ducks for thieves, the company plans to test them with explosives, the Times reports.
Sounds like it'll be a while before these machines show up in the U.S. The company wants to have machines up in three months in Germany, Austria and Switzerland, with the eventual goal of placing 500 worldwide.
Source
Because... well,
why, again?
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 10:38 am
by Monroe
They have pot vending machines in California.
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 10:40 am
by Sionnach Glic
Uh....just....why?
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 10:42 am
by Tsukiyumi
Monroe wrote:They have pot vending machines in California.
Well, that at least makes
some sense. They sell beer in vending machines in Japan, for example. But,
gold?
"Hmm. I could really go for a Krugerrand right about now..."
It's bizarre.
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 10:54 am
by Aaron
Canadian Maple Leaf, WTF is that? An actual leaf?
Edit: the flag?
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 11:02 am
by Tsukiyumi
I was kinda hoping
you'd know.
A coin, maybe?
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 11:04 am
by Aaron
Tsukiyumi wrote:I was kinda hoping
you'd know.
A coin, maybe?
I guess it's this. Never even heard of it but it's not like novelty money like this ever gets used for anything.
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 11:11 am
by JudgeKing
Tsukiyumi wrote:Monroe wrote:They have pot vending machines in California.
Well, that at least makes
some sense. They sell beer in vending machines in Japan, for example. But,
gold?
"Hmm. I could really go for a Krugerrand right about now..."
It's bizarre.
In Japan, they also have vending machines stocked with porn.
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 11:13 am
by Tsukiyumi
See? That also makes some sense.
Kendall - Ah, that must be it.
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 3:01 pm
by Tyyr
Rochey wrote:Uh....just....why?
Some people think that it's a safe place to store your money, more so than banks or stocks. Any time the economy goes a bit south people start buying gold like mad.
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 3:02 pm
by Tsukiyumi
Yeah, that makes sense; even I've thought about buying some. But, a
vending machine for it?
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 3:03 pm
by Sionnach Glic
Yeah, I give it one night before that thing's stolen.
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 3:06 pm
by Tyyr
I don't see a lot of people using it. I wouldn't imagine it'd ever have more than a few hundred dollars worth of gold in it at a time.
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 3:22 pm
by Teaos
Well to be fair I'd find that very convenient... I'm probably the only one though...
Re: Because We Need A More Convenient Way To Sell It...
Posted: Fri Jun 19, 2009 3:26 pm
by Tsukiyumi
Teaos wrote:Well to be fair I'd find that very convenient... I'm probably the only one though...
I was thinking about you when I read this; I wondered what your take would be.