America’s first gold ATM is fully operational in Boca Raton FL.
The gold-leaf-covered machine at Boca Raton’s Town Center Mall sits outside a gourmet chocolate store and works just like the two cash ATMs beside it. Shoppers insert cash or credit cards and use a computer touch-screen to choose the weight and style they want. The machine spits out the gold in a classy black box with a tamper-proof seal.
The box has a direct feed to precious metals markets and updates it’s gold price every ten minutes to reflect any changes.
Some are saying this marks the gold high, others state that this marks the launchpad for gold prices to skyrocket, as it is beginning to be viewed as a currency instead of a commodity.
Time will tell…