Investors are Buying Gold
Investors are Buying Gold
Figures from gold brokers suggest that small investors are buying up physical gold, such as bars and coins, as well as so-called “paper gold”, such as shares in gold companies and gold funds, in far greater quantities than a year ago.
While the pound or dollar may lose their value, depending on the fortunes of the economy, gold historically goes up in value when inflation gathers pace. That is because everyone from market traders to high-powered investors would prefer to be paid in gold when cash starts to lose its worth.
Many fear that inflation will shoot upwards later this year or next as a result of the extra money that has been pumped into the economy, following the quantitative easing programme undertaken by the Bank of England.
If you need cash, and you are thinking of selling gold, perhaps now isn’t the best time to sell. However, with a Borro loan, you can get the best of both worlds.
Borro.com, the world’s first online asset backed loan provider, offers loans against gold from £100 - £100,000 for 1 - 6 months (extendable by mutual agreement). When you have paid off your loan, your gold is sent straight back to you, and by the time you receive it, it could be worth more than when you pledged it in the first place.
Borro loans are totally safe. Borro.com is UK government regulated, and all Borro contracts are approved by the Office of Fair Trading, so borrowers enjoy every possible legal protection.
Borro loans are totally discreet. Everything is done online, at home, on your pc. Goods are transported by fully insured courier, and loans are transferred electronically, to UK bank account you nominate, often within 48 hours of application.
Borro loans are totally affordable. Compare interest rates. Borro.com charges 4% - 6% per month (subject to valuation), while the typical pay day loan company charges 25% upwards. Many other so-called short term and doorstep lenders are not much better, and some are a lot worse!
Borro loans are as risk free as you can get. With most secured loans, if you default, it can result in repossession. With an unsecured loan, although the loan is not secured against any specific asset, default can lead to debt collectors, court actions, bailiffs and asset seizures.
With a Borro loan, you know exactly where you stand. Borro.com never hikes interest rates, or imposes early settlement fees and late payment charges. Debts cannot spiral out of control, you can pay off the loan whenever you choose, and you only pay interest during the actual period you use your Borro loan.
Even if you decide not to pay off your Borro loan, you will be given ample notice if your pledge is to be sold to settle your loan, and any cash left over will be sent straight back to you.
Borro.com is the world’s first online pawnbroker. Arrange a Borro asset backed secured loan, personal loan, collateral loan or short term loan from online pawn shop, Borro.com. If you need fast cash, affordable cash or easy cash at low rates, check out leading short term loan provider Borro.com.
For a cheap, no risk loan, visit Borro.com, or phone us on 0800 327 7401.
