Gold Vending Machines

I think that these gold vending machines might do really well in the United States, especially as more people figure out that paper money is basically worthless:

Long attracted to the safety of solid gold, Germans will soon be able to sate their appetite for the yellow metal as easily as buying a chocolate bar after plans were announced on Tuesday to install gold vending machines in airports and railway stations across the country.

The venture by the TG-Gold-Super-Markt company, based near Stuttgart, aims to build on soaring retail interest in gold purchases after a loss in confidence in a range of other investments as a result of the financial crisis.

More from the NY Times:

Within three months, Mr. Geissler’s company, TG-Gold-Super-Markt, plans to have “a substantial number” of machines up and running in Germany, Austria and Switzerland with hopes for 500 around the world. He is aiming for a franchise model in which clients buy the machines, which cost 20,000 euros, or about $28,000, and then pay to have them serviced by TG-Gold.

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