http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/ Engadget Comments for http://www.engadget.com/media/feedlogo.gif http://www.engadget.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 5:28AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
But honestly it could be a good, and simple way to invest in gold. Precious metals are almost always a safe bet.]]>May 14th 2010 6:27AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/Unless you can transmute metals inexpensively.]]>May 14th 2010 7:56AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 9:28AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/That's what they used to say about real estate.]]>May 14th 2010 9:34AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
Buying from this machine is definitely not a smart way to invest in metals.. Reason is because it charges about a 30% premium over spot prices. So you'd have to be pretty dumb to think it's anything more than a novelty item or souvenir.

]]>May 14th 2010 11:06AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/How has it ceased to be true?

I'll presume your from the US or UK (Apologies if I'm wrong) and we both have a so called "Boom and Bust" economy (I hate that media term too..).

As such, whilst your land may become worth less, it will always rocket back up to being worth loads. You can count on a "Bust", or "Slump" every 15 years or so, so if you buy land at such a time, and then at the "Peak" after a recovery season, you sell up, you've made a handsome profit.]]>May 14th 2010 11:48AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/How long before they have the hand crank that imprints the name of the amusement park on the bar?]]>May 14th 2010 1:20PMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 2:00PMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
"ABU DHABI // A machine that dispenses gold was unveiled at the Emirates Palace hotel yesterday.

At the unveiling, the machine’s promoter successfully withdrew a one-ounce gold bar after several tries with Dh500 notes.

The machine, called Gold To Go, dropped down a black box that contained the gold bar, further encased in a plastic box..."

picture: http://www.thenational.ae/apps/pbcsi.dll/bilde?Site=AD&Date=20100513&Category=NATIONAL&ArtNo=705129872&Ref=V4&Profile=1040

souce:http://www.thenational.ae/apps/pbcs.dll/article?AID=/20100513/NATIONAL/705129872/1040/OPINION

]]>May 14th 2010 5:28AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
Zylam for emperor of engadget]]>May 14th 2010 6:18AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
shh youll piss off vader]]>May 14th 2010 9:26AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
i fear the force choke but my elements within celebrate]]>May 14th 2010 9:57AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
King of the Blog!]]>May 14th 2010 10:19AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 12:15PMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
Lord Vader, my Google is strong, the |Droid Rebellion| has began
]]>May 14th 2010 12:38PMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 5:34AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/I am from Holland. Isn't that vierd? Yesh! ]]>May 14th 2010 5:36AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 7:36AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 11:10AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/Pipe and a crepe?]]>May 14th 2010 1:31PMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/1. get your ATM card
2. insert card to machine
3. enter pin code
4. enter amount you wish to withdraw.. ..oh wait.. ..maybe number of bars..
5. get gold bars.. kaching. kaching.. ..scratch that too.. maybe tok.. tok..
6. go to bank or gold merchants
7. sell the gold
8. get your money
now, that's what i call hard earned money! ^_^]]>May 14th 2010 5:40AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
Yeah, but... they want gold, not cash. The cash/bills in a shaky economy over there will very quickly lose val---Uh.. wait.. you're like 11? Forget it. :P]]>May 14th 2010 6:11AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/1989? He's 21, not 11. Math's hard.]]>May 14th 2010 7:00AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 5:42AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
You don't think there's any other way to invest in gold than by going to a vending machine stocked (by a 98 yr old semi retired Richie Rich, no doubt) with gold bars.....? That makes 'sense' to you?

Heheheheheheh]]>May 14th 2010 6:19AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 7:53AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 5:43AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/

You mean a golden gold vending machine]]>May 14th 2010 7:39AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
Why hello there, Richie Rich.]]>May 14th 2010 11:02AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
I'll stick to the Euro for now.]]>May 14th 2010 5:45AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/.>

imagine price labels that look like "2G 14S 99C"
]]>May 14th 2010 5:47AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 5:58AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
Yes my bottle cap collection will finally be worth something!]]>May 14th 2010 6:25AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
Money in the US used to be backed by silver,up until the 70's. Now money is essentially worthless, but it's worth is judged by it's perceived value. The dangers of a credit based economy for you.]]>May 14th 2010 8:31AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
Someone took econ 101! Way to amazingly over simplify an a incredibly complex topic, I see a bright future for you at the Fox Business network. ]]>May 14th 2010 10:00AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
“When you travel and go back to your husband, instead of buying 50 bottles of perfume, you can show him that you bought some gold. He will like it better because you have made a smart choice. A gold purchase.”

Smart indeed.]]>May 14th 2010 5:48AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
For more information click below for video....

In the words of Connery "Schoccking"]]>May 14th 2010 5:54AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
http://www.youtube.com/watch?v=6u7NpURkw1w]]>May 14th 2010 5:55AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 5:55AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/
They would be too if we drilled more of our own oil.]]>May 14th 2010 2:22PMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 6:00AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 7:02AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 11:30PMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 6:04AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 7:18AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 4:15PMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 6:09AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 6:14AMhttp://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/http://www.engadget.com/2010/05/14/gold-dispensing-gold-to-go-atm-is-itself-a-gold-plated-marvel/May 14th 2010 7:07AM