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12/17/2010 1:18:16 PM EDT
http://www.sun-sentinel.com/business/fl-gold-vending-machine-20101217,0,4105899.story



'What's
being billed as the first gold-dispensing ATM in the nation opened for
business Friday at the Town Center Mall in Boca Raton, spitting out an
after-dinner mint-sized gold buillon into the palm of its first
customer.



The "Gold to go" gold buillon vending machine,
developed by the Germany company Ex Oriente Lux AG, was brought to the
states by PMX Gold LLC, a South Florida business that buys and sells
lease purchase options on gold mines. Twenty GOLD to go ATMs already are
operating in malls, hotels and airports in Europe and the United Arab
Emirates.



The first one installed, at the luxury Emirates Palace
Hotel in Abu Dhabi, is so popular that its inventory needs to be
replenished daily, said Ex Oriente managing director Thomas Geissler. He
believes the concept will be equally successful in upscale U.S.
communities like Boca. "Americans like vending machines," he said.
Another ATM will be unveiled in Las Vegas by the end of the month.







The shiny gold-colored metal box, about the size of a phone booth, is in
the middle of the mall concourse leading to the food court. Buyers can
chose from four weights of .999 Pure Credit Suisse gold buillon bars and
two weights of U.S. minted American Eagle gold coins.



Prices on
Friday ranged from $122 to about $1,400, and are updated every 10
minutes to keep current with gold rates. The only takes U.S. dollars but
will later be updated to take credit cards, said PMX president and CEO
Michael C. Hiler.'



video at link

12/17/2010 1:21:13 PM EDT
[#1]
"That mother fucker took my dollar and won't give it back"
12/17/2010 1:22:49 PM EDT
[#2]
I feel the need to rent a forklift all the sudden
12/17/2010 1:23:03 PM EDT
[#3]
Somebody's gotta go back and get a shitload of dimes!
12/17/2010 1:26:03 PM EDT
[#4]
Quoted:
I feel the need to rent a forklift all the sudden


I was gonna say... and plans for it's removal by thieves are underway


we don't like vending machines here in the US..


the Japanese, now they LOVE their vending machines.  we got nothing on them.
12/17/2010 1:26:44 PM EDT
[#5]
I can see it now... steal purse or wallet, have zip code from driver's license, have security code from back of card... wear disguise to defeat camera surveillance, walk up to machine and purchase gold.  Brilliant.
12/17/2010 1:27:41 PM EDT
[#6]
Someone is going to get mugged near that machine.
12/17/2010 1:28:14 PM EDT
[#7]
Don't care.  Let me know when we get the japanese panty-machines.
12/17/2010 1:32:42 PM EDT
[#8]





Quoted:



Somebody's gotta go back and get a shitload of dimes!







[ETA] If I had found a better pic, I would have photoshopped the vending machine in there.





 
12/17/2010 1:33:07 PM EDT
[#9]



Quoted:


Don't care.  Let me know when we get the japanese panty-machines.


its really stupid that i know exactly what you are talking about...
 
12/17/2010 1:36:30 PM EDT
[#10]

12/17/2010 1:38:46 PM EDT
[#11]
That is a sign the gold bubble is going to BURST. Gold is NOT an investment.
12/17/2010 1:39:30 PM EDT
[#12]
Quoted:

Quoted:
Don't care.  Let me know when we get the japanese panty-machines.

its really stupid that i know exactly what you are talking about...


 


WHAT? link
12/17/2010 1:40:33 PM EDT
[#13]
But... but its Nazi gold, seez right thar on the machine !!
12/17/2010 1:40:49 PM EDT
[#14]
Quoted:
"That mother fucker took my dollar and won't give it back"


Took my $1450 and won't give it back!
12/17/2010 1:43:24 PM EDT
[#15]
Perfect for those wanting to launder money... Who came up with this idea?
12/17/2010 2:17:01 PM EDT
[#16]
Damn I was JUST in that mall this past weekend getting my wifes christmas presents and I have been wanting to buy gold anyways but am leary of online gold sellers but woulda hit this machine up for sure
12/17/2010 2:25:10 PM EDT
[#17]
Quoted:
Damn I was JUST in that mall this past weekend getting my wifes christmas presents and I have been wanting to buy gold anyways but am leary of online gold sellers but woulda hit this machine up for sure


Why not just go to a reputable coin shop?  I hate to think of what the premium is with these machines.
12/17/2010 3:02:09 PM EDT
[#18]
Quoted:
Quoted:
Damn I was JUST in that mall this past weekend getting my wifes christmas presents and I have been wanting to buy gold anyways but am leary of online gold sellers but woulda hit this machine up for sure


Why not just go to a reputable coin shop?  I hate to think of what the premium is with these machines.


The best places to get US Gold bullion are on this list: http://www.usmint.gov/mint_programs/american_eagles/index.cfm?action=lookup.

Now is not the time to buy, unless you just plain want to have gold on hand... As an investment, now is a highly risky period to purchase, with almost guaranteed loss in value in the near future.

TR85.
12/17/2010 3:20:28 PM EDT
[#19]



Quoted:

Now is not the time to buy, unless you just plain want to have gold on hand... As an investment, now is a highly risky period to purchase, with almost guaranteed loss in value in the near future.



TR85.


Sherrick, is that you?



 
12/17/2010 3:21:50 PM EDT
[#20]
If I get the time, ill drive up and take a picture of it
12/17/2010 3:25:41 PM EDT
[#21]



Quoted:


That is a sign the gold bubble is going to BURST. Gold is NOT an investment.


Right now I would say doubtful, there is no safe place to invest your money at the moment. Keep in mind that the Chinese people love to put their money into gold and silver.



 
12/17/2010 3:27:34 PM EDT
[#22]
Quoted:
Quoted:
Quoted:
Damn I was JUST in that mall this past weekend getting my wifes christmas presents and I have been wanting to buy gold anyways but am leary of online gold sellers but woulda hit this machine up for sure


Why not just go to a reputable coin shop?  I hate to think of what the premium is with these machines.


The best places to get US Gold bullion are on this list: http://www.usmint.gov/mint_programs/american_eagles/index.cfm?action=lookup.

Now is not the time to buy, unless you just plain want to have gold on hand... As an investment, now is a highly risky period to purchase, with almost guaranteed loss in value in the near future.

TR85.


I would go to a "reputable" coin shop if I could find one but I ALWAYS get the "scumbag" vibe from any of the coin places down here by me in all honesty

I realize that now is not the ideal time to purchase gold because of the fact that I have a feeling it is at or pretty damn near it peak price before it starts to either level out or go down in value, I honestly wish that I had jumped on the "gold bandwagon" when I was first looking into it and it was under 350 dollars an ounce as opposed to the 1370 or so an ounce it is currently at

12/17/2010 3:39:22 PM EDT
[#23]
12/17/2010 3:47:50 PM EDT
[#24]
Credit cards to buy gold from a vending machine. How many will be stolen?
12/17/2010 3:55:32 PM EDT
[#25]
Quoted:
Credit cards to buy gold from a vending machine. How many will be stolen?


Does seem like the ultimate credit card fraud scheme.

Impossible to track gold.

TR85.
12/17/2010 4:03:19 PM EDT
[#26]
Quoted:
Don't care.  Let me know when we get the japanese panty-machines.


Now you're talkin'.
12/17/2010 5:42:56 PM EDT
[#27]
You can't eat gold!



Or paper either.
Decisions, decisions....
12/17/2010 5:51:15 PM EDT
[#28]
12/17/2010 5:53:30 PM EDT
[#29]
Quoted:
"That mother fucker took my dollar and won't give it back"


It won't give it back because it gave you $1 worth of gold.  The problem is finding that speck of dust in a big bin.  Believe me, it's easier to find the gold when you blow enough bucks so it comes in a bar or coin form.
12/17/2010 5:54:31 PM EDT
[#30]
Just wait until these guys find it.
12/17/2010 5:55:31 PM EDT
[#31]
How long till we see the video of a bunch of guys chaining it up to a truck and dragging it away?
12/17/2010 7:40:08 PM EDT
[#32]



Quoted:





Quoted:

That is a sign the gold bubble is going to BURST. Gold is NOT an investment.


Right now I would say doubtful, there is no safe place to invest your money at the moment. Keep in mind that the Chinese people love to put their money into gold and silver.

 


I don't buy that. I've been earning very very very very good rates of return for the past several years. Historically people who keep their money in the market and know what they are doing always end up ahead. It's the people who buy things because of hype or sell because of panic who lose their asses and claim nothing is safe.

 
12/17/2010 7:56:22 PM EDT
[#33]
So it's a box.

Full of gold

and cash




I'm sure this will end well.

12/17/2010 8:03:50 PM EDT
[#34]
Stolen Credit cards will become very popular at these locations once the card reader is installed.  hood rats will see a way to get money for more crack.
12/17/2010 8:11:52 PM EDT
[#35]
I seem to have enough problems with dollar bills at vending machines. Can you imagine feeding 70 $20 bill in to get your ounce bar
12/18/2010 4:50:26 PM EDT
[#36]
Looks like a great way to launder drug money, or pass counterfeit bills.
12/18/2010 4:52:12 PM EDT
[#37]


This won't end well.
12/18/2010 4:57:32 PM EDT
[#38]


I love the high five when it falls over
12/18/2010 4:58:23 PM EDT
[#39]
BTW, the best way to take it down is to hit the armed courier service.  Two guys walking out of an armored van are vulnerable.
12/18/2010 5:07:00 PM EDT
[#40]



Quoted:


Perfect for those wanting to launder money... Who came up with this idea?


And in South Florida of all places.

 
12/18/2010 10:25:49 PM EDT
[#41]
Quoted:
You can't eat gold!

Or paper either.




Decisions, decisions....


Paper can be burned for heat, used to write notes and wipe your ass.

Gold can be cast into bullets or fishing weighs, or put in a sock and used to beat people to death.

Tough call.

TR85.
12/19/2010 4:57:08 AM EDT
[#42]
if inflation is 100% next year then the $ that you have saved will be cut in half from the value they had in 2010, if you buy gold/silver/food ect. then the value is saved as the stuff you bought is now x2 in price.
gold is a way to save the wealth you have now in the paper money by converting into something that is not paper.
with the Fed reserve bank printing money to buy bonds from the US gov they are devaluing the paper money, inflation is here and you need to believe they are trying to keep this house of cards standing,
12/19/2010 3:42:57 PM EDT
[#43]
This is it.  Town Center is right behind my apartment, so I figured I'd do some recon for y'all.  An ounce was $1475.


12/19/2010 3:53:42 PM EDT
[#44]
$1475 is about spot + $100 , ok for a 1 oz gold eagle... but too much for a Suisse 1 oz bar.

Probably get a better deal online or local Coin/bullion dealers.
12/19/2010 4:15:20 PM EDT
[#45]
And on the flip side, these guys, Goldmans of Florida, are located in the same upscale mall and do a very brisk business.

It's sad to see so many people who never thought that they would ever have the need, sitting down in full public view to sell their gold jewelry to pay their bills.


12/19/2010 4:46:52 PM EDT
[#46]



Quoted:


And on the flip side, these guys, Goldmans of Florida, are located in the same upscale mall and do a very brisk business.



It's sad to see so many people who never thought that they would ever have the need, sitting down in full public view to sell their gold jewelry to pay their bills.





http://www.goldmansofflorida.com/images/locations/town-center-boca.jpg






 
12/19/2010 4:51:48 PM EDT
[#47]



Quoted:

 

It's sad to see so many people who never thought that they would ever have the need, sitting down in full public view to sell their gold jewelry to pay their bills.





http://www.goldmansofflorida.com/images/locations/town-center-boca.jpg


No dignity or apparent attempt at security.



 
12/19/2010 4:57:15 PM EDT
[#48]
Get psyched for South African style ATM bombing/robbery smash-n-grabs.
12/19/2010 4:58:17 PM EDT
[#49]
Would anyone really feel comfortable making a purchase of that size in plain view of whoever is hanging around that machine?
12/19/2010 4:58:59 PM EDT
[#50]
Quoted:
This is it.  Town Center is right behind my apartment, so I figured I'd do some recon for y'all.  An ounce was $1475.


http://img838.imageshack.us/img838/3127/img1200vh.jpg


is that running on windows???

Unplug it and boot it up in safe mode with command prompt.


ETA: any USB or network cable slots visible???
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