I want to invest (gold) more aggressively over my allowable earnings. Are there investment loans available?
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
Public Comments
- 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.
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