Madrid: A Madrid hotel is offering a new service to guests. An ATM which dispenses solid gold, for the right price, that is. Gold-diggers can get a shiny bar for as little as 40 euros or around 53 U.S. dollars.
So how does "Gold to Go" work?
Customers feed the ATM with cash and in return, they receive one, five or 10-gram gold bars. And the ever-fluctuating gold price is automatically updated every 10 minutes, says "Gold to Go" inventor, Thomas Geissler.
Thomas Geissler, "Gold to Go" inventor and CEO of Ex Oriente Lux AG, saying: "The big benefit for the client is to have gold at an always reasonable price, what you never can get on a daily basis in banks or with other deals, so if you want to buy gold at a good price you come to the machine and you buy, if you are looking for some small souvenir, the smallest souvenir is for 40 euro, you can find here in the machine."
Marc Lannoy, general manager of the Westin Palace hotel, says the ATM offers guests greater choice.
Marc Lannoy, general manager of the Westin Palace, saying: "I think it is something which will allow people to just change the habits in the way they do a gift. I see it more, that an item like this you can buy the smallest coin is 40 euro, that instead of giving a bunch of flowers, it's something that you can offer."
Gold instead of flowers - now that's a dazzling idea.
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