Tuesday, October 5, 2010

About Those Gold ATMs

Yes, they are coming.

Starting next month you will be able to buy gold at certain ATM machines.

Thomas Geissler says he plans to launch two such ATMs in Las Vegas and Florida. Plans are to expand the Gold to go ATMs in New York, Dallas, Los Angeles and Minnesota.

The machines will offer gold coins and bars weighing up to 8 ounces. Prices will be updated every ten minutes based on spot gold prices.

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