Gold Sold in Tokyo Vending Machines Competes with Drinks, Sweets, Lingerie

Convenience and ease of purchase of public purchase is slowly increasing. This trend illustrates the importance of comments made by Jim Rogers in a recent interview.

"He said jewelry shop windows have signs that say “We buy gold” and that most money managers still do not have gold holdings in their portfolio. When jewelry stores have signs up saying “we sell gold” and have lines outside to buy, when everyone owns gold that will be the sign of a top."

Makishi Rokugawa says he’s installing the first gold vending machines in central Tokyo so Japanese consumers can invest in “something real.”

Space International Ltd., a company started by Rokugawa with funds from selling novelty USB flash drives, is offering gold or silver to the world’s biggest vending machine market, where consumers can buy anything from drinks and candy to lingerie and fortune-telling printouts.

Source: bloomberg.com