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Bill Hionas Explains Why Precious Metals Are a Sound Investment | |
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November 24, 2011 This is an excellent time to invest in precious metals. MIAMI, FL - With the ongoing economic turmoil and severe sovereign debt issues in both Europe and the US, there has never been a better time to invest in precious metals. Prices are relatively low, affording investors the opportunity to snag a bargain. Precious metals bullion offers a tried and trusted, long-term investment that will continue to grow, especially as people lose faith in fiat currencies. Historically, precious metals have been proven to hold their value during times of economic crisis. They have an intrinsic value, due to their rarity, beauty and functionality, which means that their value cannot be debased in the same way as that of government-backed currencies. As such, precious metals are an essential component of a diversified portfolio. "Coins and bars offer the best investment for people wanting insurance against economic uncertainty," says Bill Hionas. "Bullion offers virtually pure metal and has the advantage of being both tangible and portable." Gold has fascinated mankind for millennia, offering the ultimate symbol of wealth. For many cultures, gold remains synonymous with prosperity and, for many Asian cultures gold ornaments and jewelry are traditional gifts for weddings and other special occasions. Physical demand remains strong from Asia, especially for gold and silver. As paper currencies prove their fallibility, the intrinsic value of precious metals becomes more and more attractive to investors. General advice is that precious metals bullion should comprise10% of an investment portfolio. About Bill Hionas: Bill Hionas is CEO of Pan American Metals of Miami, LLC, a group of traders, investors and account executives that combines many years of experience to help clients invest in bullion. PAMM provides an individual investment service and is based in Miami, Florida for convenient access to both North and South American investors. Website: http://www.billhionas.com; http://www.panamericanmetalsofmiami.com Press Contact Debbie Bailey Executive Administrator Pan American Metals of Miami, LLC Email: dbailey@investpanam.com Website: http://www.billhionas.com; http://www.panamericanmetalsofmiami.com Source: http://www.1888pressrelease.com/bill-hionas-explains-why-precious-metals-are-a-sound-investm-pr-352920.html |
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