ATMs That Sell Gold Bars Are Coming Soon to America | CNBC

Oh, this is such a bad idea. Remember the article a few days back about the ‘fake’ gold sent to India and China? Who’s to say the ‘gold’ in these machines is real? — PID

(CNBC) — A German firm that installs and manages gold vending machines aims to introduce them into the United States this year as it expands rapidly to take advantage of demand for bullion in times of economic uncertainty.

Thomas Geissler, creator of the Gold to Go brand and chief executive of Ex Oriente Lux, told Reuters on the sidelines of the London Bullion Market Association conference that the company aims to issue a “couple of hundred” machines next year.

via ATMs That Sell Gold Bars Are Coming Soon to America – CNBC.

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