Sunday, September 26, 2010

Wait honey, I need to fetch some gold

From DW World:

Want protection from paper currency devaluations? Or how about an unforgettable, quick gift? Consumers in Madrid can now use a unique automated teller machine to fetch gold bars of up to 10 grams and coins with custom designs in exchange for cash.

The ATM, known as "Gold to go," is the brainchild of Thomas Geissler. The German entrepreneur and CEO of Ex Oriente Lux in Reutlingen first tested his cash-for-gold vending machine in Germany before taking it to consumers with deep pockets and traditional ties to gold in Abu Dhabi in on

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