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Gold Cash Machines

Abu Dhabi Unveils A Gold Dispensing ATM For the Ultra Rich

By
PublishedMay 13, 2010
Referencesbornrich.org
Gold Cash Machines

So rich are a few of Abu Dhabi's citizens that the city unveiled a gold dispensing ATM in the luxury Emirates Palace. The gold dispensing ATM takes cash in return for up to 10 grams of gold coins.

On the day of the unveiling gold hit a record high on the stockmarket costing more than $1,245 an ounce. Why someone would want to turn their cash into gold is beyond me, but the fanfare generated by the gold dispensing ATM has me believing that the people of Abu Dhabi might just start cashing in.

SCORE
0.3 out of 10
GENDER
50% Men50% Women
MARKETTop markets: North America, Europe
GENERATION
  • Gen Z
  • Gen Alpha
  • Millennial (primary audience)
  • Gen X (primary audience)
POPULARITY
Popularity 0%
Activity 0%
Freshness 8%
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