Posts Tagged: gold

Gold Rush, Part II

"Shawn Ryan recalls the hungry years, before his first big strike. The prospector and his family were living in a metal shack on the outskirts of Dawson, the Klondike boomtown that had declined to a ghostly remnant of its glory days. They had less than $300 and no running water or electricity. One night, as wind sneaked through gaps in the cladding, Ryan’s wife, Cathy Wood, worried aloud that their two children might even freeze to death. Today the couple could buy—and heat—just about any house on Earth." —National Geographic reports that if you make like 1896, you can [...]


Abu Dhabi, Where The ATMs Are Filled With Gold

Well, there are some places where the Gilded Age lives on! Like the sorta-locale for Sex And The City 2 Abu Dhabi, where one of the fancier hotels now has a gold-dispensing ATM. This machine — which I guess could be alternately referred to as an "AMM," but never an "AMM machine" — keeps track of the current price of the precious metal (currently $1,245 an ounce) and offers dispensation in either small bar or coin form. The coins are even customizable. I wonder if the designs are at all similar to the ones laid down by those penny-stamping machines we see at rest stops? After all, [...]