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Gold to Go ATM machines!

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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Gold to Go ATM machines!

Postby thecrazyone » Thu Aug 20, 2020 12:30 pm

Wow!!! Has anyone here ever performed a transaction on one of these?


https://goldbarsworldwide.com/PDF/RT_8_ ... chines.pdf
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Re: Gold to Go ATM machines!

Postby franklin » Thu Aug 20, 2020 4:02 pm

I'll bet they don't have any in Minneapolis. Or at least any left.
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Re: Gold to Go ATM machines!

Postby xippi » Thu Aug 20, 2020 8:16 pm

Says there are only 3 in the USA , not sure if there still there. :shh:
Las Vegas
Golden Nugget Hotel and Casino 2011
New York
Stack’s Bowers Galleries 2012
Atlantic City
Golden Nugget Hotel and Casino 2012
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Re: Gold to Go ATM machines!

Postby thecrazyone » Fri Aug 21, 2020 11:07 am

xippi wrote:Says there are only 3 in the USA , not sure if there still there. :shh:
Las Vegas
Golden Nugget Hotel and Casino 2011
New York
Stack’s Bowers Galleries 2012
Atlantic City
Golden Nugget Hotel and Casino 2012


I find it interesting that they are/were in casinos. Is gold accepted at casinos for payment??
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Re: Gold to Go ATM machines!

Postby TXSTARFIRE » Fri Aug 21, 2020 4:09 pm

People who have money to waste at a casino probably can afford to buy gold at a machine.
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Re: Gold to Go ATM machines!

Postby Recyclersteve » Sun Aug 30, 2020 8:01 am

I would fully expect that markups would be quite high for gold in a vending machine. I'd rather support my local coin shop or someone on this fine site. Also, what happens if the item that comes out of the machine is a fake? There is nobody there witnessing your transaction and no vendor person to turn to and say politely "I don't like the looks of this one." That, to me, is a big potential problem.

For someone who is truly rich and has money to burn, if they want to buy a single gold bar as a novelty, so be it.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
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Re: Gold to Go ATM machines!

Postby Cu Penny Hoarder » Mon Sep 21, 2020 10:25 am

Premium is probably 100%. :? :sick: :shifty:
Time is precious, stop wasting it.
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