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0 pointsphilsnow4mo ago0 comments

There's a reason the Zurich airport has a vending machine that sells slips of gold, platinum, and palladium

0 comments

I'm not sure what the actual reason is, but my first instinct is "tax evasion".

Paying the 30% premium at a gold ATM and then selling for maybe 95% of spot seems like a terribly inefficient way of avoiding taxes.

These machines are just for souvenirs

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0 pointsphilsnow4mo ago0 comments

There's a reason the Zurich airport has a vending machine that sells slips of gold, platinum, and palladium

I'm not sure what the actual reason is, but my first instinct is "tax evasion".

Paying the 30% premium at a gold ATM and then selling for maybe 95% of spot seems like a terribly inefficient way of avoiding taxes.

These machines are just for souvenirs

j / k navigate · click thread line to collapse