Lind-Waldock Strategist Jim Comiskey discusses the gold and silver futures markets after the FOMC meeting in this daily metals market update.
Friday, December 17, 2010
Gold: New ATM spits out 24-carat bars, coins
A new ATM at an upscale mall in Florida dispenses shiny 24-carat gold bars and coins. Thomas Geissler, inventor of the Gold To Go machines, says the majority of buyers will be walk-ups enamored by the novelty. But he says they're also convenient for more serious investors looking to bypass the hassle of buying gold at pawn shops and over the Internet.
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