Hotel Boasts ATM With a Golden Touch

[DoNultima]

That's Abu Dhabi for you. You don't really get any richer.

[welhungjohnson]

Right now gold is in a BEAR market with only 1-2% of the population buying gold. That's right, in a down market gold is trading at $1400 an ounce.

Imagine what will gold be trading at when it enters a BULL market with 3-5% of the population buying gold (thanks to these new atms). $7-10 thousand an ounce!

[thecastman97]

and we still havent found the cure for cancer...

[81hitman]

YEA I LOVE BEING AN ARABIAN

[PsboyX360]

Yes I am frm UAE mashallah how I <3 UAE arab and proud

[AXMTV]

i love my city :D

[FLIPWORLDUPSIDEDOWN]

fliptheworldupsidedown (Dot) com

[strongbadXCP]

The Arabs have been buying gold for decades. They know better than to just sit on dollars.

[MaHaRushie]

We need this in USA. Obama is printing so much money that will be our only protection.

Thanks Obama - You are a true ass clown.

[LucifersDisciple6]

@MaHaRushie then you are fucked when you move into a cashless society

[MaHaRushie]

@LucifersDisciple6 How is that? Please explain, because everyone else is saying the opposite. Gold isn't cash. So if I have gold, how is that a problem?

[phnixpot]

no. gold is limited. retains its power to represent value.

[kronzzzzzz]

Thank FUCK!. There have been so many times I've been out at night and needed a small piece of gold.

[mrdanface]

@kronzzzzzz lmfao. SERIOUSLY YEA ME TOO THE OTHER NIGHT I WAS OUT WITH MY GF AND SHE WAS LIKE LETS HAVE SEX AND I WAS LIKE SHIT I DONT HAVE ANY GOLD.

[Hannibal2earth]

@kronzzzzzz yeah man ...I know how you feel, ...

the same thing happens to all the time!!!

[jsymons1985]

Isn't gold just as abstract and worthless as abstract money?

[MURDOCMULDOON]

@jsymons1985 research "true power of gold" ..documentary also check " secrets of the ark of the covenant true power of gold"

[adihsar]

@jsymons1985 No because gold is a concrete limited material. You can't just make more of it at will.

[jsymons1985]

@adihsar my shit is also a limited concrete material, and I can't make more of it at will, in fact my shit is even rarer than gold. You libertarians are so idiotic in your gold jizz fest.

[jsymons1985]

@adihsar my shit is also a limited concrete material, and I can't make more of it at will, in fact my shit is even rarer than gold. You libertarians are so idiotic in your gold jizz fest. and brainwashed

[iDjGio]

@jsymons1985 shutup u fuckin hippie AMERICUUUHHH FUCK YEA

[HiSpeedOxygen]

balllliiiiiiiiiiiiiing

[l0n3lysk8er]

There better be some high security guards watching everyone. Imagine putting in all that money and someone just knocks you out and takes your gold...

[BLKACENZ]

@MaralizeLegawana, that is a load of crap mate... Lotsa of Am'z, Brits, Auzzies and New Zealand's not mentioning the euro's who are workin there n dont wana leave either for the gud pay or the gud livin but hell no security issues...

[pimpymcdougall]

I've one thing to say, people are truly fucked up.

[SugarFreeDLy]

How do they account for the fluctuations in the value of gold? Some kind of ERP system?

[rtothemast]

I wish they would do that in America...I would like to exchange my dollars for gold before they become worthless...

[kja5]

@rtothemast Then do it! There are plenty of gold dealers online.

[dantheman931]

Why in the hell would anyone want to do this? Cash you can spend; what would you do with a pocket full of gold ingots besides have the pimpingest pocket change in the history of the universe?

[swatus]

@dantheman931 gold is a RARE resource. You can always print out money. GOLD is an investment...I would take gold over cash any days.

[AnnoyedDragon]

@dantheman931

Gold is rapidly going up in value, paper money is going down in value. Money in the bank will lose buying power over time; were as gold retains its buying power.

[dantheman931]

@AnnoyedDragon True. But what's the purpose of carrying it around with you? Aren't there better places than a freaking hotel lobby to do that sort of transaction? Plus, it's not like most places will let you spend a hunk of gold the same as cash, unless the stores in Abu Dhabi are WAY different than the ones in the US. Or am I still missing something here?

[AnnoyedDragon]

@dantheman931

It's simply a alternative means of purchasing gold, you don't have to carry it around with you after purchase.

[adihsar]

@dantheman931 Be better off when the paper money is recognized for the worthless pieces of paper it is.

[truefictions]

Love it.

[Spectreman]

So what is the service fee if I don't bank with the ATMs owner?

[Alxmir23]

...so you give paper money,which is worthless if you dont count the economy, and you get gold which is precious without counting the economy

this wont last long lol

[availabl3account]

@Alxmir23 actually, the money(paper money as u call it) is not worthless except for the ones those have no gold standard. But if the money has gold standard or golden material included in the paper it is not worthless...

[Alxmir23]

@availabl3account i know but im talking about comparing it to the earth ressources,gold diamonds,jewels.....paper bill with a number on it

which seems priceless whatever the economy you are in?

i would prefer receiving half a million in gold rather than a million in paper dollars

[adihsar]

@availabl3account USD stopped being back by gold standard a looooooooooooooong time ago. Our dollars are nothing but promissory notes.

[goldielookinjohn]

tattoome5150 is right this is clearly only really meant for money laundering.....

[ForTehNguyen]

trading in toilet paper fiat currency for real currency = a great deal

[musenseus]

imagine what places like Abu Dhabi and Dubai are going to be like when the oil runs out. They need to start investing in their society instead of spending vast amounts of money on 'shows' of wealth

[mezdevil]

@musenseus they are not oil dependent country ... in fact , they don't have a lot of it

[b0rk3d]

@musenseus They don't have oil, you are thinking of Saudi Arabia. I mean yeah to someone with your education and mormon background anyone from middle east would look the same and have the same characteristics. LOL.

[nikomof]

@b0rk3d Dude how stupid can you be? stop spreading shit and go read a book. musenseus is right... stop watching the news its all baiased

[meregaspawn]

@b0rk3d What does mormonism have to do anything about it? its education...i know lots of mormons who arent as dumb as you...

[musenseus]

@b0rk3d erm no i'm thinking of the UAE. the United Arab Emirates have almost 10% of the worlds oil reserves. Oil accounts for about a third of their GDP. So maybe you should do a bit of reading before commenting on other peoples posts.

[cjellwood]

in Dubai you cant kiss in public but you can roll around in the greed of gold and exuberant extravagance? fuckin fags! How about I put a 'kick ass' dispenser in your face!

[Son37Lumiere]

@cjellwood Hell yeah!

[tattoome5150]

Sweet. I'm going to use that machine to launder my drug money.

[chrislam12]

watch people standing there pretending to pay for gold but actually standing there with a knife scraping it off lol

[SaberTanker22]

EVEN the ATM is made out of gold where the fuck is my gold at huh huh.

[lol808lol808]

Jaaa! Go Deutschland!!

[JohnMRay]

So that's where "Cash To Gold," gold goes. :D

[1019drummer]

Emmm? A new fangled glitzy way for the elite sand spiders and lizzards of the middle east to have their cake and eat it to. Whatfucking everrrrrrr........oil spill oil spill...An enviro catastrophy a trashed gulf,broken lives and a ruined economy!!!!!!!!!!!!!

ATM MY ASS!!!!...It's a fucking toaster and this bullshit is not news.

[iknewitalready]

could be fake gold

[swordofisis]

oh please let me get a job in dubai after i graduate college. i would love to serve with vigor and the utmost respect at a middle class income of over 120k a year.... just let me live on the good side of the freeway!

[BOBSMOKETV]

Can't wait to see who steals it.

[andycats]

@BOBSMOKETV Crime over there is about 0% so i doubt any1 will

[d3vilcat2004]

@andycats not to mention the price for stealing is a severed finger.

[iknewitalready]

had to do something with all that OIL dollars

[faceclutch]

@iknewitalready

Dubai has no Oil.... Just FYI...

[trav1971]

wouldn't be putting one outside