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Borrowing in USD?

Discussion in 'Finance & Banking' started by Chris C, 25th Nov, 2008.

  1. Chris C

    Chris C Well-Known Member

    2nd Apr, 2008
    Brisbane, QLD
    I was just wondering if it was possible for an Australian (ie. me) to take out a loan in USD to invest in gold? and if so how would I go about it? and what are limitations of doing something like this?
  2. Young Gun

    Young Gun Guest

    I've searched and searched for something similar in the past, I wanted to borrow from Japan at their astronomically low interest rates. But haven't found a way to do it yet (that isn't dodgy).

    You'll be hard pressed to get a loan in USD to invest, however you might be able to artifically create this trade by using a combination of CFDs.
  3. naz

    naz Member

    10th Sep, 2007
    Sydney, NSW
    I do this using, but do some research first to see if it's appropriate for you.