According to UPI News, gold bar vending machines have been rolled out at South Korean convenience store GS Retail.
Buying physical precious metals is a time-proven method of securing generational wealth while reckless central bankers debase currencies and ignite the worst inflation storm in a generation. Gold and silver investing has long been seen as a hedge against inflation and a store of value against currencies. Access to physical precious metals is challenging and usually involves a bullion dealer. Sometimes online dealers take weeks to receive the delivery.
South Korean convenience store GS Retail, with 10,000 locations, has understood the soaring demand for ‘sound money’ and wants to enhance accessibility. The company rolled out gold bar vending machines with offerings in five sizes, weighing 0.13 ounces to 1.3 ounces, according to UPI News Korea.
“The most popular gold bar is the smallest, the 0.13-ounce one, which is currently priced at around $225,” a GS Retail representative told the media outlet.
Russian bank Sberbank has launched Indian Rupee accounts for individuals to reduce Moscow’s dependency on the U.S. dollar and euro.
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I’ll buy all of the .13 oz bars they have at $1730 per oz. How old is this story?