Francesc Riverola,
Gold Vending Machine Installed At Local Mall
By WPBF
ATM In Boca Raton Dispenses Gold Bars, Coins
BOCA RATON, Fla. — Looking for something shiny to put under the Christmas tree? Try a new vending machine in Boca Raton.
A new automatic teller machine at the Town Center at Boca Raton dispenses 24-carat gold bars and coins. The Gold to Go machine is the first of its kind in the United States.
“I think of a vending machine like a Coke or say a candy bar maybe or gum, but gold? It’s unbelievable,” one shopper told WPBF 25 News.
Precious Metals Review and Market Outlook 2011 - Will Precious Metals Continue to Glitter?
by Phillip Futures Investment Unit
Gold had another outstanding year for 2010, with spot gold rising to another record high of $1430.95 on 7 Dec. The sovereign debt crisis in Europe and the slow economic recovery in the U.S. provided a compelling backdrop for gold to clamour to new heights.
Going into 2011, the uptrend for gold remains intact. The Eurozone debt crisis is clearly not over. Increasingly countries such as Spain and even France could be embroiled in the quagmire. Spain’s debt costs have been increasing and they need to refinance $226 billion of debt in 2011. Meanwhile, in the U.S., unemployment remains persistently high at 9.8% and there is still the possibility that the Federal Reserve may extend asset purchases beyond the $600 billion announced.