Home Gold Coins blog Gold dispensing machines doing brisk trade
Gold dispensing machines doing brisk trade PDF Print E-mail

Outside of the gold collectors world which we inhabit, ordinary people remain puzzled by the attraction of gold bullion or gold coins, and are amused by the appearance of gold dispensing machines. These machines have been mentioned in our commentary before, and they are now being deployed in department stores and doing a brisk trade.

The machines update the price of gold they are dispensing every few minutes, and can issue encapsulated 'nuggets' in a range of sizes all the way from 1g up to 250g. The smaller sizes are often bought to be given as presents.

You can read a puzzled journalist's experience of using one of these machines in Berlin here.

Note the customer who didn't buy a nugget who commented that "things will need to get a lot worse before I start buying gold'...

Sir, it will be far too late then.

 
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