Gold to go) in an Abu-Dhabi hotel. They sell gold bars and coins weighing 1-gram to 1-ounce. They provide franchise opportunities if you're interested! According to the website, the first 200 Gold to go ATM machines will be in Germany, Austria and Switzerland.
The second video (h/t @howardlindzon) showed Chinese consumers giddy about gold. The video also mentioned that hedge fund manager George Soros thinks gold is in a bubble. Remember when Soros said "the ultimate asset bubble is gold" at the 2010 Davos conference? So when will the Fed prick the gold bubble? See recent posts on $GLD (Gold ETF) with charts and technical analysis. The first video is from ITNnews.
$GLD NAV climbs by 12 tonnes overnight to 1298.53 - Zero Hedge
What Will Soros, Einhorn, Paulson, Baha, Kaplan do about gold capital gains taxes Mineweb
World's first gold ATM opens - Reuters Video
VIDEO: World's first gold bar vending machine - ArabianBusiness
First Gold ATM in Abu-Dhabi, Chinese Love Gold Over Currencies, Soros Warns Gold Bubble Forming
6/09/2010 12:55:00 AM | via @Dvolatility |