The ATM Where You Can Melt and Deposit Gold

The price of gold has risen steadily in the past year, with a noticeable jump in mid-April. Perhaps this rise has driven attention to a viral video from China showing a machine similar to an ATM.

You can deposit gold into it. The machine, which is located in a mall in Shanghai, melts the gold, assays it, and gives you credit for its value, minus a small fee, depositing the money in your bank account.

-via Trung Phan, who jokes about the value of scraping gold out of old VCRs.


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