Everic White

Social media, audience, product management, SEO strategy & journalism

Gold-Dispensing ATM??

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Giving new meaning to the term 'Arab Money'.. #shoutout to Ron Browz; RIP to his career

It's been a long time since excess was in fashion. Unfortunately for those of us in the US, that excess has taken its toll on our finances. That doesn't mean the rest of the world can't indulge in the finer extravagances that life has to offer. While I'm not sure how much this is needed, it's interesting to see. In an Abu Dhabi (that's in the United Arab Emirates for those of you without an atlas), a hotel has installed a machine that dispenses gold rather than candy or drinks. The ATM-style kiosk at the Emirates Palace monitors gold prices daily and gives 10-gram gold coins with custom designs on them. Ironically, the opening of the machine coincided with the price of gold hitting a record high of $1,245 an ounce. I guess it's cool to see economies trying to hold gold up to the standard it was before the world started printing paper money like 'Free Gucci' t-shirts. Only time will tell if a machine like this is even sustainable. Check out a video of the gold ATM and start saving up...