Borrow with silver as collateral?

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#1 Thu, Aug 4, 2011 - 11:54am
swefred
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Stockholm
Sweden
Joined: Aug 4, 2011
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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

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