Gold Vending machine

[MichaelB]

Here it is ... the first gold vending machine in the US. Saw it yesterday. Two people there assisting buyers and answering questions. I saw at least 6 transactions in just a couple of minutes - and that's cash only.

From the local news First gold vending machine in U.S. opens for business at Town Center mall in Boca Raton - Sun Sentinel

Picture from my cell phone ...

 

[FIREd]

People asking to get robbed in the parking lot...

 

[chinaco]

You know its a bubble when _______ happens!

 

[ikubak]

You know its a bubble when _______ happens!

When someone announces they are going 100% gold.

 

[foxfirev5]

I think I'll stick to the state lottery vending machines, although the gold machines would give my plan additional diversification

 

[walkinwood]

Must have nice margins to employ two people just to help people use the vending machine!

 

[mickeyd]

What next Vanguard Kiosk?

 

[MichaelB]

People asking to get robbed in the parking lot...

Right. That has happened in this mall parking lot and another one about 25-30 miles away (Sawgrass) where lots of tourists shop and a fair amount of electronics are bought.

 

[NW-Bound]

Dang!

All I know is I sold my 100 shares of GLD in May 2010 for a mere $119/share and it is now $134. It's too bad I don't have any left.