Friday, September 25, 2009

Gold To Go


June 2009: Shoppers in Germany will soon be able to buy gold as easily as bars of chocolate after a firm announced plans to install vending machines selling the precious metal across the country.


It’s old news, but I just found out about it today. Wonder how easy/difficult it will be to secure the gold inside the machine, but I do like the concept. Vending machine with automatic price updates every couple of minutes. Not bad.

One thing I couldn’t understand was, the article says that the price is 30% higher than market price. That’s a considerable difference. 

2 Opinions:

SV9211 said...

The concept is good but it will fail if the price is 30% higher than the market....I mean what is the advantage except say anonymity?

Elegant Chic said...

Good concept.. except the price!