German Gold-dispensing ATMs coming to USA

Discussion in 'Economics' started by bearice, Sep 29, 2010.

  1. They will install the gold ATM in luxury hotels and other rich places just as they did in Abu Dhabi. The rich places have 24 hour armed guards.
     
    #11     Sep 29, 2010
  2. TRS

    TRS

    What are they quoting?
     
    #13     Oct 2, 2010
  3. You sell gold when DOW = Gold!!

    Dont get left behind in the greatest bull market in history and don't get burned hoping for more when they match...

    10K gold here we come!:p
     
    #14     Oct 2, 2010
  4. #15     Oct 2, 2010
  5. Apmex.com sells the 1 gram gold bars for about 20% premium to spot.

    Ebay is the same. The 1 gram gold bars sell for about 20% premium to spot also on auction. So when you go to sell, you too will sell at a premium (unless you are selling back to the company you bought from or to a jeweler, then you will get less) So really you are only paying about 10% over market with these machines which is still too much when you can get it cheaper online.
     
    #16     Oct 2, 2010
  6. LEAPup

    LEAPup

    #17     Oct 2, 2010
  7. Are you short yet?
     
    #18     Oct 2, 2010
  8. LEAPup

    LEAPup

    Oh no. Not yet. That could change at anytime though.

    Are you?
     
    #19     Oct 2, 2010
  9. No.

    90% of all my money is in gold and speculative gold miners.

    Wish me luck:D
     
    #20     Oct 2, 2010