Borrow with silver as collateral?

All Forums » Everything Else

1 post / 0 new

Topic locked

#1 Thu, Aug 4, 2011 - 11:54am

swefred

Offline

-

Stockholm

Sweden

Joined: Aug 4, 2011

22

109

Borrow with silver as collateral?

Is there banks that let you borrow with silver bars as collateral?

I have my silver at Delaware depositary, but live in Sweden (silver has 25% VAT here). I have no more money to buy metals and it will keep rise in price. If I had stocks I would be able to borrow up to 80% of the value from my broker, but what about silver?

Edited by: swefred on Nov 8, 2014 - 5:27am