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Gold ATM Machine...
Talk about stuntin' ... what if you could hit the ATM for gold bars? In Dubai,
you can do just that.
At Abu Dhabi's
top hotel, they are upping the ante in the race for Gulf luxury by the addition
of a gold-dispensing machine.
According to reports, the Emirates
Palace has just added an
ATM-style kiosk machine, which offers small bars up to 10 grams or coins with
It monitors the daily gold price and charges accordingly. All you have to do is
put in your cash, and you got gold! They plan to add a credit card option at a
The Associated Press reports that the idea came from German entrepreneur,
Thomas Geissler, who began testing the cash-for-gold machines in his native
country in 2009.
It debuted at the Dubai
on Wednesday (May 12), and is being billed as the first international foray for
Geissler's "Gold to Go" brand.
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