You feed it cash, it feeds you gold.
This idea has been materialized by Thomas Geissler in the Gold to Go brand. The first ATM was launched in Dubai's Emirates Palace hotel in May and will be looking to issue about 35 machines this year.
In terms of liquidity, the price is updated every 10 minutes to match international market price and dispenses gold bars of 1 gram, 5 gram, 10 gram bars and 1 ounce units as well as coins. Yes it is available in the Canadian Maple Leaf!
Check out the site later on for the outlook of gold and bonds in the wake of QE2
Check <a href="http://www.bloggapedia.com/" title="Blog Directory"><img src="http://www.bloggapedia.com/bp_small_images/blog-gapedia9.png" border="0" alt="Blog Directory" /></a> for moreinteresting blogs
