Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities - 19th Apr 24
All Measures to Combat Global Warming Are Smoke and Mirrors! - 18th Apr 24
Cisco Then vs. Nvidia Now - 18th Apr 24
Is the Biden Administration Trying To Destroy the Dollar? - 18th Apr 24
S&P Stock Market Trend Forecast to Dec 2024 - 16th Apr 24
No Deposit Bonuses: Boost Your Finances - 16th Apr 24
Global Warming ClImate Change Mega Death Trend - 8th Apr 24
Gold Is Rallying Again, But Silver Could Get REALLY Interesting - 8th Apr 24
Media Elite Belittle Inflation Struggles of Ordinary Americans - 8th Apr 24
Profit from the Roaring AI 2020's Tech Stocks Economic Boom - 8th Apr 24
Stock Market Election Year Five Nights at Freddy's - 7th Apr 24
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- 7th Apr 24
AI Revolution and NVDA: Why Tough Going May Be Ahead - 7th Apr 24
Hidden cost of US homeownership just saw its biggest spike in 5 years - 7th Apr 24
What Happens To Gold Price If The Fed Doesn’t Cut Rates? - 7th Apr 24
The Fed is becoming increasingly divided on interest rates - 7th Apr 24
The Evils of Paper Money Have no End - 7th Apr 24
Stock Market Presidential Election Cycle Seasonal Trend Analysis - 3rd Apr 24
Stock Market Presidential Election Cycle Seasonal Trend - 2nd Apr 24
Dow Stock Market Annual Percent Change Analysis 2024 - 2nd Apr 24
Bitcoin S&P Pattern - 31st Mar 24
S&P Stock Market Correlating Seasonal Swings - 31st Mar 24
S&P SEASONAL ANALYSIS - 31st Mar 24
Here's a Dirty Little Secret: Federal Reserve Monetary Policy Is Still Loose - 31st Mar 24
Tandem Chairman Paul Pester on Fintech, AI, and the Future of Banking in the UK - 31st Mar 24
Stock Market Volatility (VIX) - 25th Mar 24
Stock Market Investor Sentiment - 25th Mar 24
The Federal Reserve Didn't Do Anything But It Had Plenty to Say - 25th Mar 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

The One Man Who Will Make Gold Bullion Sparkle

Commodities / Gold and Silver 2010 Sep 30, 2010 - 01:29 AM GMT

By: Dr_Jeff_Lewis

Commodities

Thomas Geissler is a bullion entrepreneur in his own right.  His creation, the Gold to Go company, specializes in gold vending machines.    These machines are currently in use in Europe and the Middle East to deliver gold to consumers in a number of high end hotels.  After apparent success, these new gold vending products will soon come to the United States and help create the next generation of bullion investors.


Golden Success

The Gold to Go brand will be bringing their automatic gold vending machines to the United States by the end of 2010, and with it, they will bring hundreds of thousands, if not millions, of people into the gold and silver buying business.

Remember that first time you purchased or were given metals?  That time when you first held them in your hand?  You might have knocked them together to make that trademark ringing noise, or maybe you just stared at their beauty.

But admit it: it was from that day on that you were hooked into buying precious metals.  Personally, the bug bit when I was younger, and I had visited a coin shop with my father.  I brought home all types of silver coins, some numismatic and some junk silver Morgan dollars.  While I very much enjoyed the beauty of the numismatics, there was something special about the junk Morgan dollars.  I could stack them, move them around, toss them up in the air as if I were a billionaire.  They weren't shiny, they weren't even remotely pretty, but there was something about them that signified true wealth and value – and I was hooked.   

Growing the Market

That kind of experience will soon come to a location near you, where others can buy as much as one ounce at a time from a vending machine.  Sizes range from one gram to one ounce, fitting within the budget constraints of even the most cash strapped consumer.

Mark my words: these new coin machines will work to really develop an interest in precious metals among even the most retail of investors.  Today, the gold and silver markets are very much an institutional exchange.  Banks and billionaires know the value of gold and silver, but few on Main Street have even given them a chance at a mere percentage of their portfolio.

Sure, it is without question that any experienced investors will probably not be buying gold or silver through a vending machine.  However, these machines work as a perfect publicity tool, sparking the interest in gold among future investors and helping to grow our little industry.

I doubt Thomas Geissler had anything on his mind other than dollar signs when he launched his Gold to Go business.  However, it is in my view that this will be the public relations arm of the entire gold and silver marketplace and really help market precious metals as an investment for everyone.  These new vending machines will serve as billboards to advertise all the great things we've known for so long about bullion investment.  I can't wait to see them on American shores.

By Dr. Jeff Lewis

    Dr. Jeffrey Lewis, in addition to running a busy medical practice, is the editor of Silver-Coin-Investor.com and Hard-Money-Newsletter-Review.com

    Copyright © 2010 Dr. Jeff Lewis- All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in