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BOCA RATON (Florida) - Shoppers who are looking for something sparkling to put under the Christmas tree can jump the jewellery and go directly to the source: a distributor which provides parts and brilliant 24 karat gold bars.

A German company provided install machine Friday restated in Boca Raton, a paradise of the South Florida Palm trees, roses and rich buildings high-end commercial centre.

Thomas Geissler, CEO of Ex Oriente Lux and inventor of machines or To Go, said that the majority of buyers walk ups seduced by novelty. But he says they are also handy for the most serious investors seeking to bypass hassles purchasing gold pawn and Internet shops.

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"Instead of buying flowers or chocolates, which went for two or three minutes, it remains for the next few hundred years,"Geissler told the Associated Press a telephone interview.""

The company installed its first Emirates Palace Hotel Abu Dhabi in May and follow-up gold ATMs Germany and Spain Italy machine. Geissler said they intend held hundreds of machines in the world in 2011. He said that the machine of Abu Dhabi has been so popular that it must be replenished every two days.

Machine coated sheet of gold at the Boca Raton Town Center Mall is located outside of a store or gourmet chocolate and worked as two silver ATMs next to him. Shoppers insert species or credit cards and computer touch screen lets you choose weight and style they want. The machine spits on gold in class black box with a tamper-proof seal.

Each machine manufactured in Germany, consists of approximately 320 pieces of coins and bars of different sizes. Prices are recalculated to automatically every 10 minutes to take into account fluctuations in the market. The price of a point earlier this week, a piece of two grams cost about $120 including packaging, certification and an increase of 5%. One ounce cost approximately $1,470.

Buyer: one gram of heavy metal is much smaller that you think about the size of a fingernail. One ounce is a little already a quarter.

Owners said the machine, will be around $ 150 000 cash and yet will be flanked by a guard of the corps for the moment. Live cameras are fixed inside and outside of the machine.

The popularity of gold is cyclical, but it is riding high these days in part because of concerns fueled by financial collapse.

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Geissler, who intends to open a machine in Las Vegas at the end of the year, said that the collapse of Lehman Brothers investment firm is the impetus for the flashy DAB. Customers refused to purchase bonds, stocks and other financial industry funds so that they focused on precious metals.

As investors continued to lose faith in the system of global finance market, the company has worked on ATM completed gold leaf, banking services that protect the purchasing power has reached gold would attract suspicious customers market.

"Yet always returns to its real value," says Geissler. "There is no diamonds, it is not money, it is not real estate. It is just gold. ?

Dave Jones, who negotiated the agreement to machines United States, predicted or become a parallel currency in the next five years. He said they intend to install approximately 40 machines more upscale shopping malls and hotels around the United States

"Gold has a place in the portfolio of the world, said Jones, Boca Raton PMX Gold-based." It is good coverage against inflation and a level of good comfort. ?

? 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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