"Abu Dhabi’s Emirates Palace Hotel became the first place outside Germany to install “gold to go, the world’s first gold vending machine,” said a statement from Ex Oriente Lux AG, the German company behind the vending machine.
“In addition to one-gram, five-gram and 10-gram bars of gold, the machine also dispenses gold coins,” it added."
^You'd have to insert the ton of cash into the vending machine to get the gold bar and coins.
I know that people will buy gold bars or invest in gold because it increases in value.
I visited Dubai last year in Dec...and it's a very clean and modern coutnry. But also reminds me of a ghost-town with its numerous beautiful apartment buildings (that look like hotels) and that are more than half empty.
The ostentatious display of wealth...and materialism.....is ridiculous and kinda scary (considering the economic conditions).