When The Economy Falls Deeper Into A Depression, Will Gold Bar Vending Machines Be Implemented In The Uk?

Or will I have to purchase gold from eBay, at extorted prices, with the additional P&P?
This has been done in Germany.

Bookmark It

Hide Sites

Tags: Deeper, Depression, Economy, Falls, Gold, Into, Machines, Vending, When, Will

This entry was posted on Friday, January 22nd, 2010 at 12:48 pm and is filed under Buying Vending Machines. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “When The Economy Falls Deeper Into A Depression, Will Gold Bar Vending Machines Be Implemented In The Uk?”

1. James P Says:
   January 22nd, 2010 at 5:49 pm

   I highly doubt it. The logistics of guarding the machine would outweigh the economic benefits of the vending machine business model. Vending machines only make money if you can cheaply restock and have 1-2 people service 100-200 machines at a time. It seems like a gold machine would incur too much risk and require more frequent visits by an attendant to resupply and empty the cash drawer….driving up the overhead.
   Besides…why wouldn’t you want to buy your gold bullion directly from a reputable dealer? In the U.S. we can order gold, silver, platinum bullion online from several different websites. Which is much more convenient that having to go to a vending machine. Do you have something similar to U.S. Bullion Exchange in the U.K.? http://www.usbullionexchange.com/

2. zeuz Says:
   January 22nd, 2010 at 9:43 pm

   Depression MEANS that prices DECLINE. So, gold would get cheaper.

3. Fiery Jack Says:
   January 23rd, 2010 at 12:11 am

   no, and no.

Leave a Reply

You must be logged in to post a comment.