Taking Gold Public
A few weeks back, and noted in this blog, a rather interesting news snippet surfaced regarding the installation of the world’s first gold-vending ATM in Abu Dhabi. At first glance one may wonder how such vending machines will fare. Will anyone use them? I guess installing one in Abu Dhabi is a good test “site” as people there have an affinity with the precious metal.
The latest news is that yet another company is to enter this new market – and they introduced their new gold vending machine in Las Vegas, USA a few weeks ago.
Is this an emerging trend? It would appear that certain entrepreneurs certainly think so. And George F. Smith sees something with a lot more potential emerging here, as outlined in his essay: ATM Salvation
Categories: Money
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