

Taking out newspapers, drinks, tobacco, snacks, condoms, chewing gum and even fresh flowers out of a machine is as natural for us as a Nintendo is for 7 years old. Taking out some cash for the evening or for shopping for groceries as well - we do that for decades already! But physical gold... putting in money, getting back gold... is kind of new to us all.
Although not in Hong Kong. A friend of mine has been there a couple of years ago and reported you can buy bullion gold there out of a machine. And why not? Everybody knows paper currency is getting worth less and less; as long as governments think they can print money like newspapers are printed, their national currency goes down in value. Apparently they do not care too much about that. It is more important to keep your own citizens happy, that is if those citizens do not understand how the world economy functions.

Gold on the contrary is a very stable commodity to have. Ever since gold exists the value has stayed the same or has risen. So buying one or two grams of gold from the machine is a very sensible thing to do if you want to provide for your family in the years to come. Small quantities are always exchanged by banks worldwide - they are obliged to do so. Not a big bar of gold (then they have to call the cops) but small quantities.
Now last week a gold machine is also installed in Abu Dhabi by the German entrepreneur Thomas Geissler. Gold-to-Go the machine is called, and the Gulf area is of course a nice spot to launch his machine, which was tested in Germany in 2009. Geissler's timing could not be better with all the economic troubles the world is going through. Gold is a safe haven for both investors and the common man.
Three countries where you can buy gold through a hole in the wall... you just have to wait a little while till that number is doubled, tripled and what not. Soon every country will have its own golden gold machines, thus keeping their citizens happy as they now can put away money for the future safely. No risk of evaporating pensions, worthless saving accounts, ignorant or crooked politicians and stupid bank managers who all together make a country's economy go bankrupt.
Those who go for bullion gold - bought through a sales person, a Gold-to-Go machine, the internet - are sure of a golden situation once they need the money. That is what gold does: making you feel secure, especially in unstable times.
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