Striking it rich: ATM spits out gold bars to those who can afford

WHAT: Gold To Go machines

WHY: Shopping malls provide plenty of opportunities for upscale shopping, but a Boca Raton, Fla., venue has taken it up a level with an ATM that forks out gold bars. The German company that makes the machines says its product is attractive to serious investors looking to bypass the hassle of pawn shops when trying to purchase gold. The machine comes with 320 pieces of various-sized bars and coins. A 2-gram piece of gold costs $122 and an ounce is $1,442.

THE OUTRAGE: At a time when many Americans are struggling to scrap together pennies to pay bills and purchase Christmas presents, the flashy excess represented by the machines — which debuted in the wealthy United Arab Emirates — is a bit too much.

Daily OutrageOpinionOther OpinionSFExaminer

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

School board members Gabriela Lopez (left) and Alison Collins (right) say they have been the subject of frequent hateful, racist and sexist attacks during their time on the school board. (Kevin N. Hume/S.F Examiner)
Angered by Lowell decision, SFUSD grad targets school board members with violent imagery

Facebook page depicts two women of color on board with swastikas and x-marks on their faces

Supervisor Sandra Lee Fewer, a former school board member, said it was ‘ridiculous’ that the school district did not yet have a plan to reopen. <ins>(Kevin N. Hume/S.F. Examiner)</ins>
Supervisors demand SFUSD set a timeline for reopening

Pressure grows on district to resume in-person learning as The City’s COVID-19 case count goes down

“Tenet,” the new Christopher Nolan film starring John David Washington, is showing at the drive-in in Concord. (Courtesy Warner Bros.)
Drive-ins are popping up all over the Bay Area

There are pandemic-era options for movie lovers who want to watch outdoors

The San Francisco International Arts Festival will present performances this weekend outdoors at Fort Mason, including on the Parade Ground, Eucalyptus Grove and Black Point Battery. (Kevin N. Hume/S.F. Examiner)
SF International Arts Festival wins health department approval for weekend performances

Rules allow no more than 50 people at outdoor Fort Mason performances

In this handout image provided by the California Department of Corrections, convicted murderer Scott Peterson poses for a mug shot March 17, 2005 in San Quentin, California. Judge Alfred A. Delucchi sentenced Peterson to death March 16 for murdering his wife, Laci Peterson, and their unborn child. (California Department of Corrections via Getty Images/TNS)
Prosecutors to retry penalty phase of Scott Peterson trial

2003 discovery of Laci Peterson’s body led to sensational high-profile murder trial of husband

Most Read