Open Thread

June 17th, 2009 9:35 AM

For general discussion and debate. Possible talking point: German vending machines to sell gold!

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. 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.

Is this a sign that gold and precious metals prices are destined to come down? After all, when public demand for an investment -- any investment -- is this high, how can all these people be right about its future direction? Is this another bubble waiting to explode?