| Home Page : Archive News : August 2011 News : Bill Hionas Explains Why Precious Metals Bullion is a Unique Financial Instrument Precious metals enjoy a timeless attraction | |
Bill Hionas Explains Why Precious Metals Bullion is a Unique Financial Instrument Precious metals enjoy a timeless attraction | |
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August 02, 2011 "Investors are purchasing a true physical holding in a precious metal; they are taking a position in an item that has stood the test of time." MIAMI, FL - The precious metals market has been earning headlines for some time now as various national and international economic crises combine to drive investors towards the safe haven offered by gold and other precious metals. Pan American Metals of Miami, under the expert leadership of Bill Hionas, trades in gold, silver, platinum and palladium. "Precious metals bullion is a unique financial instrument," says Bill Hionas. "Investors are purchasing a true physical holding in a precious metal; they are taking a position in an item that has stood the test of time." Gold has been valued for millennia, not only for its rarity and beauty but also as a standard by which other currencies are measured. Governments and individuals alike rush to amass gold in times of economic uncertainty, it provides a hedge against inflation, stagflation or devaluation, is universally accepted and can be easily bought and sold. Silver is often referred to as 'poor man's gold'; currently trading at approximately 1/40 the cost of gold, it allows investors a more accessible entry point to the precious metals market. Like gold, silver sees demand as a safe haven investment but, since it also experiences considerable industrial demand, it is less reliant on the ups and downs of the economy. Platinum and palladium are both extremely rare metals, with limited reserves of ore deposits. In addition to their use in jewelry, the platinum group metals also experience strong demand from the automotive industry where they are used in the manufacture of catalytic converters. Investors interested in taking a position in platinum or palladium are urged to contact Pan American Metals of Miami for more information. About us: Bill Hionas is CEO of Pan American Metals of Miami, LLC, a group of traders, investors and brokers who combine 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-bullion-is-a-unique-pr-323270.html |
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