World''s first gold-selling hambaiki installed in Tokyo

Tokyo, Jan 19 (Itar-Tass) The world''s first gold-sellingvending machine has been installed in Tokyo, the JapaneseCapital.

The special vending machine, which sells gold coins andbullions weighing from one to seven grammes to anyone wishingto do so, has been devised by the Space International LtdCompany.

The sole vending machine of its kind is installed herein a downtown building that houses the Company''s office.

Another such vending machine is to be installed soon atImperial Hotel in downtownTokyo.

The price of gold sold by the hambaiki is regulated everyday in line with the stock market current prices. A gold coinweighing 7.2 grammes, issued by the Central Bank, is now themost expensive commodity sold by this vending machine at aprice of approximately410.

Company CEO Makishi Rokugawa points out, "It may sohappen that waking up one day you would realize that all yourmoney turned into a mere paper. This is why, I am sure thatgold is the best way of monetary investment."

Rokugawa told journalists that his company got farreaching plans for developing vending machines to sellprecious metals. Next year the Space International is planningto reach out to the nationwide level, siting similar vendingmachines in a majority of large cities of Japan.

The Company also mulls in earnest over the possiblity ofgetting to the market of Hong Kong.

On the last day of 2010, gold price bounced up to anall-time high.

Many analysts are inclined to think that gold iscurrently the most optimum object of financial inputs. Besides, gold has been always immensely popular in China and India --the two most rapidly developing economies of our time.

(Itar-Tass)