Question: 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
Answer:
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.
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