ATMs for gold
Great metaphor for the times:
Automatic teller machines (ATMs) — 500 of them — dispensing pieces of gold will be available around Germany, Switzerland and Austria by the end of this year. ...
Thomas Geissler, [TG-Gold-Super-Markt.de]'s chief executive, said the gold ATMs might even improve relations between the sexes.
“I have yet to meet a woman who does not like a gift of gold. It’s better than flowers. Flowers are more expensive. They wilt and you (as a man) don’t get as many points at home as if you bring gold,” he said.
Savvy marketing, there, Thomas! But here's the kicker:
A prototype ATM on display for a one-day marketing test at the main railway station in Frankfurt, Germany’s financial capital, did indeed reward your correspondent with a 1-gramme (0.0353 ounce) piece of gold.
It cost the equivalent of $42.25 — a 30 percent premium over the spot market price.
It's all about the fees, baby!