I want to invest (gold) more aggressively over my allowable earnings. Are there investment loans available?
October 5, 2010 by
Filed under Silver Investment FAQ
I am interested in investments like precious metals–silver & gold bullions. Can and will banks use this as colateral against a loan? Any information on the type of investment loans available would be a great start for me.
Thanks
Anyone that would loan you money to speculate in anything would have to be a moron!
If you already own such things, some institutions would use them as colatteral, but usually at 50% or less of current market value.
http://gold-news.org/ has some excellent information on investing in gold and silver. I am sure you can find some information there on investing in precious metals by using margin and leverage.
Gold, keepat home! it never loses it’s price value. Besides, what the goverment doesn’t know wno’t hurt them!!
I really hope you are joking.
You MUST NEVER SPECULATE WITH GOLD OR SILVER with money from others.