ATM's That Dispense Gold Bars Coming To America

idle.slashdot.org | ATM's That Dispense Gold Bars Coming To America (click through for linked-up version and comments):

"tetrahedrassface writes 'As the U.S. economic woes continue unabated, a German company is bringing gold bearing ATM'S to Mainstreet America. The machines accept credit cards, and will dispense 1 gram, 5 gram, 10 gram and 1 ounce units, as well as various gold coins. The company hopes to install 35 bullion machines in the United States this year, hopefully have several hundred up and running by next year. The machines will be decorated like giant gold ingots and be over two meters tall. Physical gold has both pros and cons, but mainly from a safety standpoint would it be safe to have a couple of ounces in your pocket while walking around the mall? The giant gold dispensing ATM's will monitor the market conditions for gold every 10 minutes in order to reflect spot price changes as they occur.' We already covered similar machines installed in travel hubs across Germany."

Ron and Rand Paul fans rejoice!

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Rep. Ron Paul vs. Pussy Galore: Is Fort Knox Empty?

More Pre-Carter years nostalgia, the photo-op audit of the 1974 Gold Vault at Fort Knox, KY is making a comeback.  Ron Paul suggested this in 1980 also, just six years after the big show.  Treasury is not going to run out and embarrass a sitting Congressman with their latest assays and audits of their holdings.  We will probably have to wait for the rerun of this circus and endure the doubters complaining that it was faked.
On  Coast-to-Coast 4 September 2010.

FOXNews.com - Rep. Paul Calls for Gold Audit, Questions Whether Fort Knox Is Empty:

"There's gold in them thar hills. Or is there?

Texas Rep. Ron Paul, suggesting America's reserves may not be as robust as officials claim, is calling for an independent audit of the U.S. gold held at Fort Knox and other facilities.

The Republican congressman known for his fierce opposition to virtually everything the Federal Reserve does says the public deserves to know what's behind the fortified walls of America's gold vaults -- particularly in case gold is ever reintroduced as a basis for U.S. currency.

'It'd be nice for the American people to know whether or not the gold is there,' Paul told Fox Business Network. And if it is all there, he said, the public should know whether any of it has been obligated."

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Fan Fiction: John and Suki: Vacation Fun
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Copyright 1970 - 2010, SJE Enterprises, all rights reserved.