Scenarios
Why You Were About to Sell
Every one of these is a real reason to sell metal, and in several of them selling is the right call. Find the one closest to your situation and both answers are laid out.
No credit check and no obligation. If borrowing is the wrong answer for your situation, you will be told that first.
The whole argument, in one line
Selling is permanent and can be taxable.
A loan is neither.
65%
Advance against value
$15k
Minimum loan
Same
Bars returned
Live market
Business-purpose loans only. Not available in Nevada, Vermont, North Dakota and South Dakota.
65%
Advance against market value
$15k
Minimum loan — about $23,000 in metal
Days
From verified collateral to funded
Same
Metal returned on repayment. Not equivalent — the same bars
9 situations
Each page ends with two lists: when borrowing fits, and when selling is the better answer.
Covering a Slow Quarter
borrow against gold instead of selling business
Explore →
Liquidating Dealer Inventory
coin dealer inventory financing instead of selling
Explore →
Selling at a Market Low
avoid selling gold at a low price
Explore →
After a Bank Said No
business loan declined alternative collateral
Explore →
Funding a Purchase
sell gold to fund business purchase
Explore →
Paying a Business Tax Bill
sell gold to pay business taxes
Explore →
Selling Under Time Pressure
need cash fast gold business
Explore →
Selling Part of a Position
sell some gold keep the rest
Explore →
Selling to Be Rid of the Hassle
gold storage hassle sell or store
Explore →
The pattern
What every one of these has in common
The decision to sell is almost never a reconsideration of why you bought the metal. It is a response to an unrelated pressure — a month, an invoice, a deadline. Selling answers both questions at once and permanently, in favour of the short-term one. Borrowing separates them. That is the entire idea, and it is not always the right one.
Next step
Run it both ways before you decide.
No credit check and no obligation. Tell us what you hold and what the money is for, and if selling is the better answer for your situation you will be told that first.
Business purpose only. Not available in Nevada, Vermont, North Dakota and South Dakota.