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View Full Version : China 6th Country to Open Gold Vending Machines.....



MMC
09-16-2011, 12:54 PM
http://www.commodityonline.com/news/China-to-become-6th-country-to-open-gold-vending-machines-42397-3-1.html

LONDON (Commodity Online) : Largest Gold producer and second largest to India in consuming, China will become the sixth nation to open a gold vending machine for its people.

The ATMs dispense Gold bars weighing up to 2.5 kilograms and work just like the normal ATMs. The machines can accept both cash and credit cards.

Gold vending machines are now operating in the US, UAE, Germany, Spain and Italy.....snip~

Where are these machines in the US? I have not seen any Gold Vending machines giving out 2.5kg gold bars. Anyone else see any of these new Vending Machines? Are they I casino's? 6 Countries moving away from the US dollar. Already China and Russia are accepting each others currencies so as not to have to switch out to US Dollars. This is where all the talk comes in by not just other Foreign Countries who are normaly against us, but by those who are suppose to be our allies as well. including.....yes......the Saudi's and Sunni!

Conley
09-16-2011, 12:59 PM
http://www.commodityonline.com/news/China-to-become-6th-country-to-open-gold-vending-machines-42397-3-1.html

LONDON (Commodity Online) : Largest Gold producer and second largest to India in consuming, China will become the sixth nation to open a gold vending machine for its people.

The ATMs dispense Gold bars weighing up to 2.5 kilograms and work just like the normal ATMs. The machines can accept both cash and credit cards.

Gold vending machines are now operating in the US, UAE, Germany, Spain and Italy.....snip~

Where are these machines in the US? I have not seen any Gold Vending machines giving out 2.5kg gold bars. Anyone else see any of these new Vending Machines? Are they I casino's? 6 Countries moving away from the US dollar. Already China and Russia are accepting each others currencies so as not to have to switch out to US Dollars. This is where all the talk comes in by not just other Foreign Countries who are normaly against us, but by those who are suppose to be our allies as well. including.....yes......the Saudi's and Sunni!


Nope, I've never seen anything like that. I guess the security is similar to an ATM but I would think they'd be ripe for picking. People steal ATM machines too...these probably weigh a lot more with the gold in them.

Mister D
09-16-2011, 01:21 PM
How does a machine like that work? Moreover, what do you do with the gold? Take it home? Hope ya gotta a top notch safe, a Stoeger Double Defense, and a case of shells.

Conley
09-16-2011, 01:23 PM
The thing I don't quite get about hoarding gold is that if you're doing it for the financial meltdown, you are betting on the collapse of the U.S. economy. When that happens the world will be in some trouble so how are you going to get anything for your gold? Not to mention you'll probably be robbed and killed for it. ;D

Mister D
09-16-2011, 01:29 PM
The thing I don't quite get about hoarding gold is that if you're doing it for the financial meltdown, you are betting on the collapse of the U.S. economy. When that happens the world will be in some trouble so how are you going to get anything for your gold? Not to mention you'll probably be robbed and killed for it. ;D


Right. It doesn't make much sense. If there was a catastrophe like that having some gold stored up isn't going to do you much good especially in the short term.

MMC
09-16-2011, 01:31 PM
DO YOU EXPECT ME TO TALK? (http://www.youtube.com/watch?v=U1TmeBd9338#)

>:D :-* Goldfinger.....the man with the Golden-Touch. ;)