Wednesday, October 26, 2011

You know your fiat currency is becoming worthless when...





Your day today will probably be like any other.  You will go to work, run an errand on the way home, maybe stop at an ATM to get some cash, and be happy that you have at least some small amount of money in the bank in this degrading economy.

Now imagine that your government has finally failed to deal with the debt crisis, and your economy has collapsed.  The once highly sought after printed and coined money is now worthless.  But you still have to work, run errands, and provide for your family.

Imagine that those ATM machines dispense hard commodities or real value instead of cash.  Gold, Silver, Diamonds; And that you will soon be paying for your gas and groceries with these baubles.

Ridiculous?  Or Inevitable?

GOLD SILVER AND DIAMOND DISPENSING ATM MACHINES
By Fox news
Gold ATM vending machines have been popping up all over the world this year, so instead of following the trend, Mumbai became the first city in the world to launch a diamond-dispensing machine.

 The Gitanjali Group, which claims to be the world's biggest integrated manufacturer of branded jewelry, opened the machine in a luxury shopping mall in the city Sunday and said that it already served a "substantial number of customers."

 It hopes to roll out 75 more of the ATMs -- which also sell gold and silver coins -- in shopping malls, airports

http://www.foxnews.com/scitech/2011/10/25/worlds-first-diamond-dispensing-atm-launches-in-india/

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