Gold Replaces Greenbacks in Boca Raton ATM Machine

Hosted by

For high rollers in Boca Raton, Florida, there's a new way to pick up gold. It's the Gold-to-Go vending machine like the one in the Emirates Palace Hotel in Abu Dhabi. Made by the German company Ex Oriente Lux, shoppers insert cash or credit cards and use the touch-screen to choose coins or gold bars of appropriate weights. At current prices, a gram is about the size of a fingernail, an ounce slightly larger than a quarter. Your choice is dispensed in a black box with a tamper-proof seal. That makes for an interesting Christmas gift at a time when many people think gold is more valuable than paper money. Ken Vogel of Politico picks up the story.

Credits

Guest:
Kenneth Vogel - New York Times - @kenvogel

Host:
Warren Olney

Producers:
Darrell Satzman, Sonya Geis, Frances Anderton