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lol I do this all the time, sometimes you come across interesting things that may be opportunities. I just happened to post about this one, but I do it for myself really. At least the words "Gold Bullion" no longer get a blank "huh:confused:..." these days lol Though the brokers can arange...

Called Comsec today (more than once), in essence: PB: Do you take gold bullion as a deposit for a trading account? CS: You can trade gold bullion securites PB: Yes but can I open an account using gold bullion, for the value of that gold bullion? CS: I don't think so, but I'll put you onto XX...

Oanda let me trade gold with a margin of 2%, but do you think they take gold bullion for a deposit in my account? No chance. Comsec will let you trade leveraged gold @ 65%LVR. Will they take gold bullion as a deposit for a trading account? I will ring them tomorrow and ask them.

Once again I rang the four major banks (just to make sure nothing has changed) and asked them how much would they lend me with 100K of gold bullion as security. I spoke to investment loans, home loans and personal loans. They all gave the same answer: We don't lend against gold. Period. All of...

Thnx. The idea is that you pay back the loan with devalued dollars after. So as long as it's not CF- then any inflation works in your favour for the amount of loan you have and RE you own. As for the underlying asset holding it's value, well that's why I haven't bought much laast few years...

Not sure what it has to do with "Au vs RE" but here's my connection: increasing super mean decreasing spedable income, which means decreasing borrowings purchasing power, and increasing defaults. Won't happen for a while imo

Very good point. But they did go "on the record" across all media when e/u was ~1.4 and aud/usd ~ .90. I also went "on record" with a usd "buy now!" against all pairs in Jun 08, covered a few mths later, small long and short early this year again. Maybe they were trying to protect their short...

Well the thread titile is "Gold vs Property". And YIP has paid ads claiming that "gold will pay your mortgage". What is obvious is that the mortgage or LOC pays for the gold. Gold has not outperformed leveraged RE. If you bought $1,000,000 of RE in 2001 with a 10% deposit of 100K, you would now...

As far as I can tell property was considered wealth in ancient egypt.

What's the difference between gold & tulips? Buying gold is nothing other than speculating on a peice of metal dug out of the ground. Now that it relaitve high in value, so many come out of the shadows yelling "buy gold! I did bought it!". And for what reason? It was used as cureency thousands...