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06/18/2009: "Gold sold like chocolate from German vending machines"

Shoppers in Germany will soon be able to buy gold as easily as bars of chocolate after a firm announced plans to install vending machines selling the precious metal across the country.

Gold prices from the machines - about 30 per cent higher than market prices for the cheapest product - will be updated every few minutes.

Thomas Geissler, who owns the company behind the idea, said: "German investors have always preferred to hold a lot of personal wealth in gold, for historical reasons. They have twice lost everything.

[ Someone had a clever idea there! Shows that people are thinking ahead and less likely to be as ruined as the banksters might hope. ]

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/5554972/Gold-sold-like-chocolate-from-German-vending-machines.html

Replies: 2 Comments

on Friday, June 19th, nationalist said

He could be a Jew but then he would have to have a mark up on the market price to pay for his venture and make a profit. Also Israel is trying to get all the gold there and if others buy it they are not pleased. And then also it is almost like a return to the gold standard in a sense if people put their savings into gold.

on Thursday, June 18th, Hector said

"Gold prices from the machines are about 30 percent higher than market prices for the cheapest product..."

I wonder if Thomas Geissler is a jew?