Gold Dispensing Vending Machines

Gold dispensing ATM machines have recently been introduced to an upscale mall in Boca Raton, Florida. The gold dispensing ATM works just like a traditional ATM, featuring a touch screen and two different ways to pay, either with cash or plastic.

The machines dispense gold bars and coins and offer an unconditional 10 day money back guarantee. If for any reason after your purchase you want your money back, you can return your gold for its market value on the day of return. Since gold values can fluctuate from day to day, investors who think they might have a change of heart after their purchase are encouraged to monitor gold prices closely before purchase.

Companies working to introduce the idea of gold dispensing ATM machines in the United States argue that gold values have consistently withstood the test of time. They also argue that Gold is a globally accepted currency which is honored almost everywhere.

Many who invest in gold enjoy the tangibility of the asset. They like the fact that gold is something that can be measured, weighed and handled, as opposed to bank account and home values, which often only appear as numbers on a computer screen.

The introduction of gold dispensing machines at malls across America, while perhaps appearing a little "over the top" for mainstream consumers, would be great for amateur investors who don't feel comfortable with buying gold bullion over the web and just want to test the waters with a small introductory purchase. The ATMs allow investors to purchase amounts of gold that they are comfortable with. The machine in Boca Raton, FL, for example, dispenses gold bars as small as 2 grams in weight.

The downfall to maintaining physical gold assets is the increased threat of loss. If you keep your bullion in your home, you'll probably lose your entire investment if your stash is ever lost or stolen, unless the gold is insured.

Sources:

Charles Riley. Gold ATM Lands in Boca Raton. CNN Money.