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Wednesday, December 16th, 2009

AUchtung, Baby

June 18, 2009 by Mark Jabo  
Filed under Business

– German Company Announces Plans to Sell Gold in Vending Machines –

You know how it seems there’s never a place to buy hard assets when you’re walking down the street and hyperinflation hits?

Well, a German company is hoping to solve all that.

TG-Gold-Super-Markt is looking to introduce gold vending machines to the public and, at the same time, bring back the popularity of the hyphen in corporate names.

The machines will dispense 1 gram gold wafers priced at 30 Euros (approx. US$42.00) and 10 gram gold bars at 245 Euros (approx. US$343).

If you think people get mad when they put in a dollar and get no Kit Kat bar, wait until you see what happens when somebody forks over close to 350 bucks and their bar of gold gets stuck between the shelf and the window.

YouTube may have to dedicate a special channel for those videos.

The company expects to have 500 machines in place at various locations around the country including train stations and airports. And, like everything else at the airport, the prices are marked up about 30% above regular retail.

In a related story, Volkswagen has announced that sales of their new flat-bed truck with the optional electric winch have vastly exceeded expectations.

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20090618_zaf_y60_006.jpg
007: Do you expect me to shop?
TG-Gold-Super-Markt: No, Mr, Bond, I expect you to buy!

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Image: Zuma Press

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