Jump to content
House Price Crash Forum

Archived

This topic is now archived and is closed to further replies.

interestrateripoff

Ultimate Vending Machine Dispenses Gold For Cash (Surprise, Surprise It's Located In Abu Dhabi Hotel)

Recommended Posts

http://www.dailymail.co.uk/news/worldnews/article-1278165/Ultimate-vending-machine-dispenses-gold-cash-surprise-surprise-located-Abu-Dhabi-hotel.html

It's the ultimate hole-in-the-wall - a money machine that dispenses pure gold.

But installed beneath the gold-coated ceilings of Abu Dhabi's Emirates Palace hotel, where royalty and billionaires come for cappuccinos topped with gold flakes, the machine almost seems part of the furniture.

'The reason we chose Emirates Palace is because it really fits with the surroundings here,' said German entrepreneur Thomas Geissler, creator of the 'Gold to Go' brand and chief executive of Ex Oriente Lux.

The exterior of the machine is coated with a thin layer of gold and offers customers 320 items to choose from, ranging from gold bars that can weigh up to 10 grams, to customised gold coins.

'All the gold is imported from Germany, and soon we will have a customized gold bar with a print of the Emirates Palace logo, which will be a nice souvenir for guests to take home,' said Geissler.

Through a computer system, the ATM gold machine updates the gold price every 10 minutes to match international markets.

For now, it takes notes of the local dirham currency, but the option of using credit cards will soon be introduced.

So you can use a credit card soon to by something of real value with it...

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 259 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.