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mathematically perfected economy™ (MPE™)    1  :   the singular integral solution of  1) inflation and deflation,  2) systemic manipulation of the cost or value of money or property, and  3) inherent, artificial multiplication of debt into terminal systemic failure;    2  :  every prospective debtor's right to issue legitimate promises to pay, free of extrinsic manipulation, adulteration, or exploitation of those promises, or the natural opportunity to make good on them;    3  :  our right to certify, to enforce, and to monetize industry and commerce by this one sustaining and truly economic process.

MORPHALLAXIS, January 14, 1979.

Mathematically Perfected Economy™ FORUMS, DISCUSSION

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 Post subject: Gold Sold Like Chocolate from German Vending Machines
PostPosted: 19 Jun 2009, 1:43 pm 
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Joined: 29 Jan 2008, 6:06 pm
Posts: 731
Germany's Gold Fever
Gold to Go Vending Machine is no jock for a 1-gram (0.0353 ounce) of piece of gold.
It cost the equivalent of $42.25 which is 30 percent premium over the live-spot-market-price.
Origina weblink in German and English
http://www.gold-super-markt.de/goldtogo.html

http://blogs.reuters.com/macroscope/2009/05/20/gold-to-go/

Happy Customers
Image
This is the brainchild of a German asset management company and they plan to set up a whopping 500 “Gold-To-Go” ATM’s in Germany, Austria and Switzerland in under a year. These pics were taken in Frankfurt Central Station.
[img][http://www.idale.co.za/wp-content/uploads/2009/05/gold1-420x280.jpg[/img]

The product
Image

Photo source: www.idale.co.za

Gold sold like chocolate from German vending machines
Quote:

Shoppers in Germany will soon be able to buy gold as easily as bars of chocolate after a firm announced plans to install vending machines selling the precious metal across the country.

TG-Gold-Super-Markt aims to introduce the machines at 500 locations including train stations and airports in Germany.

The company, based near Stuttgart, hopes to tap into the increasing interest in buying gold following disillusionment in other investments due to the economic downturn.

Gold prices from the machines – about 30 per cent higher than market prices for the cheapest product – will be updated every few minutes.

Customers using a prototype "Gold to go" machine at Frankfurt Airport on Tuesday had the choice of purchasing a 1g wafer of gold for €30, a 10g bar for €245, or gold coins.

A camera on the machine monitors transactions for money laundering controls.

Thomas Geissler, who owns the company behind the idea, said: "German investors have always preferred to hold a lot of personal wealth in gold, for historical reasons. They have twice lost everything.

"Gold is a good thing to have in your pocket in uncertain times."

Interest in gold has risen during the financial crisis, particularly in Germany, according to GFMS, the London-based precious metals consultancy.

Retail demand reached an estimated
108 tonnes in 2008,
up from 36 tonnes in 2007
and 28 tonnes in 2006.

Jens Willenbockel, an investment banker who saw the machine while passing through the airport, told the Financial Times that he believed there could be a market for the venture.

"Because of the crisis there is a lot of awareness of gold," he said.

"It is also a great gift for children – for them getting gold is like a fairytale."
Source:http://www.telegraph.co.uk/finance/financetopics/financialcrisis/5554972/Gold-sold-like-chocolate-from-German-vending-machines.html


Google's Results as of today June 19th, 2009: 63,100 for Gold German vending machines.

Video Of Gold Vending Machines by Bloomberg TV
http://www.breitbart.tv/?p=362593




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 Post subject: Re: Gold Sold Like Chocolate from German Vending Machines
PostPosted: 26 Jun 2009, 11:05 am 
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Joined: 24 Jan 2008, 8:33 pm
Posts: 492
More "capitalism" (waste of time, energy, and resources to dispossess others of their [hopefully deserved] wealth).

"Dumb old couple buys gold because they have no better idea what to do — which is why they never solved the cause of the first Great Depression — which is why they will suffer a second — which is why gold won't protect them from what they refuse to solve.

Of course, except for the next generation's stupidity (and the gold suit), the picture only testifies to more of the same (instead of some ostensible benefit).




mike


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"When the freedom they wished for most was the freedom from responsibility, then Athens ceased to be free, and never was free again."



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 Post subject: Re: Gold Sold Like Chocolate from German Vending Machines
PostPosted: 01 Jul 2009, 10:37 am 
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Joined: 29 Jan 2008, 6:06 pm
Posts: 731
From my point of view is a bad idea for number of reasons that I wouldn't sped more of my time to elaborate upon it. Just posted it to show how ridicules are some of business that invest in those schemes.




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While 12,000 homes a day continue to go into foreclosure, mathematically perfected economy™ would re-finance a $100,000 home with a hundred-year lifespan at the overall rate of $1,000 per year or $83.33 per month. Without costing us anything, we would immediately become as much as 12 times as liquid on present revenue. Transitioning to MPE™ would apply all payments already made against existent debt toward principal. Many of us would be debt free. There would be no housing crisis, no credit crisis. Unlimited funding would immediately be available to sustain all the industry we are capable of.

There is no other solution. Regulation can only temper an inherently terminal process.

If you are not promoting mathematically perfected economy™, then you condemn us to monetary failure.



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