Borrowing in USD?

Discussion in 'Loans & Mortgage Brokers' started by Chris C, 25th Nov, 2008.

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  1. Chris C

    Chris C Well-Known Member

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    1st Jul, 2015
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    Location:
    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?
     
    Chris C, 25th Nov, 2008
    #1
  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.
     
    Young Gun, 25th Nov, 2008
    #2
  3. naz__

    naz__ Member

    Joined:
    1st Jul, 2015
    Posts:
    17
    Location:
    Sydney, NSW
    I do this using interactivebrokers.com, but do some research first to see if it's appropriate for you.
     
    naz__, 30th Nov, 2008
    #3
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