Glittering prize: An Emirati man tries the 'Gold to Go' vending machine at the Emirates Palace Hotel in Abu Dhabi
That will do nicely: He collects a gold bar wrapped in gift paper from an ATM-style kiosk which monitors the daily gold price and offers small bars up to 10 grams or coins
I know it sounds a "little" over the top, but in a place where wealthy sheiks come to drink cappuccinos topped with gold flakes, the gold-dispensing ATM machine fits right in.
Invented by German entrepreneur, Thomas Geisler, Gold To Go is an ATM, covered with a thin layer of gold, that dispenses 320 gold items, from small gold bars to customized coins. First tested in 2009, in Germany, the Gold To Go ATM is now set up in the Emirates Palace Hotel, in Abu-Dhabi, where the ceilings are coated in gold.
"All the gold is imported from Germany, and soon we will have a customized gold bar with a print of the Emirates Palace logo, which will be a nice souvenir for guests to take home," said Thomas Geisler. So far his invention has proved a hit, with one of the hotel guests buying one of each gold items the ATM dispenses. Right now it only accepts local currency, but modifications for credit cards will soon be made.
The region's high demand for gold, and the ongoing economic turbulence, make the Gold To GO ATM machine the perfect investment.
via Xinhua
A 10-gram gold ingot which he purchased from the "Gold to Go" vending machine. The well-heeled in the Gulf can now grab gold from a hotel lobby in the UAE
Thomas Geissler the CEO of Oriente Lux, left, and an Emirati official remove the cover of the ATM-style kiosk
Senin, 17 Mei 2010
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