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Abu Dhabi hotel installs gold vending machine

Asheron
Asheron Posts: 1,229 Forumite
in Debate House Prices & the Economy
ABU DHABI (AFP) – There's no mistaking what's in this vending machine. The well-heeled in the Gulf can now grab "gold to go" from a hotel lobby in the United Arab Emirates, when the need for a quick ingot strikes.

capt.photo_1273752031106-1-0.jpg?x=213&y=148&xc=1&yc=1&wc=410&hc=285&q=85&sig=Hh6mes2DTMgDuC4W8GJ7SQ--

On Thursday, a day after its inauguration, the shiny machine attracted spectators of many different nationalities who gathered to watch whenever an enthusiast was struck with the urge to splurge on a bar of the precious metal.

http://news.yahoo.com/s/afp/20100513/od_afp/uaegoldoffbeat_20100513120103
As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Comments

  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Asheron wrote: »
    On Thursday, a day after its inauguration, the shiny machine attracted spectators of many different nationalities who gathered to watch whenever an enthusiast was struck with the urge to splurge on a bar of the precious metal.

    http://news.yahoo.com/s/afp/20100513/od_afp/uaegoldoffbeat_20100513120103

    Railway enthusiast
    Plane enthusiast
    Gold enthusiast

    Lets face it that bold word means nutter.
  • Spiv_2
    Spiv_2 Posts: 280 Forumite
    How do you protect these babys from robbers then? or don't they have robbers in Abu Dhabi?
  • shane42
    shane42 Posts: 293 Forumite
    i love it, its a good way to launder money maybe for all the arab crooks
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    shane42 wrote: »
    i love it, its a good way to launder money maybe for all the arab crooks

    Maybe it will prove a viable alternative for crims once the 500 euro note is withdrawn:

    http://news.bbc.co.uk/1/hi/8678979.stm
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • reehsetin
    reehsetin Posts: 4,915 Forumite
    1,000 Posts Combo Breaker
    Spiv wrote: »
    How do you protect these babys from robbers then? or don't they have robbers in Abu Dhabi?
    not very many as the punishment usually involves cutting off a limb
    Yes Your Dukeiness :D
  • Asheron
    Asheron Posts: 1,229 Forumite
    Did you hear about the Flintstones Movie being shown in Dubai? the people there did not understand the film.

    But the people in Abu Dhabi Doooo!

    :rotfl:
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Thanks Ash. That's my all time favourite joke.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • Arthurian
    Arthurian Posts: 836 Forumite
    Part of the Furniture 500 Posts Name Dropper
    edited 13 May 2010 at 5:54PM
    The machine is supposed to incorporate some anti-money laundering software.

    http://consumerist.com/2010/05/get-gold-bars-from-abu-dhabi-atm.html
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Arthurian wrote: »
    The machine is supposed to incorporate some anti-money laundering software.

    http://consumerist.com/2010/05/get-gold-bars-from-abu-dhabi-atm.html

    I wonder if that means it doesn't accept 500 euro notes, if 90% of those in circulation are with criminals.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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