Post
Topic
Board Economics
Re: Bitcoin or gold?
by
GreenStox
on 26/06/2015, 21:54:30 UTC
We can take in loan for gold and can deposit in bank and achieve interest on them.

Did you mean using loan to get some gold bar then put that gold bar into bank and get interest to pay the loan? If you mean that way I dont think that

your interest can cover the loan of gold bar because the payout for bank interest is low. Btw if you do that whats the point of having investment? You

will get nothing then

I dont think you get interest on the gold, but if you do its better.

No i meant pay the loan interest from your salary, then just buy gold, and after the crisis happens the fiat will be extremely devalued = loan shrinks, and gold will be valued alot, so you make money.

It should cover all the loan expenses and you can make money too.

Perhaps negotiate with the bank a favorable interest rate lol.