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Bill Hionas Says Precious Metals Very Attractive as Safe Haven

Top Quote Gold and silver are both attractive to investors as safe havens. End Quote
  • (1888PressRelease) August 18, 2011 - MIAMI, FL - Both gold and silver are attractive to investors as a safe haven in times of economic crisis and - as gold becomes more and more expensive - silver is beginning to catch up to its big sister in terms of investment demand. Precious metals bullion is a unique financial instrument; one is purchasing a holding in an actual physical metal, a metal that has stood the test of time and been proven to hold its value against paper currencies.

    Platinum was briefly overtaken by gold last week as gold soared amidst the macroeconomic turmoil that followed S&P's downgrading of the US's triple-A credit rating. Platinum sees much of its demand coming from industry so it is slightly less attractive in times of economic uncertainty; however, it quickly regained its position and is likely to continue to rise as the stock market recovers. Palladium also sees a large portion of its demand coming from industry, the automotive industry in particular.

    Pan American Metals of Miami is a precious metals brokerage, based in Miami and led by Bill Hionas. PAMM was showing gains in gold, silver, platinum and palladium today, August 17.

    "Precious metals offer a great hedge against inflation and are currently attracting a lot of attention as stocks have been volatile and there are ongoing concerns about sovereign debt issues both at home and overseas," says Bill Hionas.

    PAMM's team of investors and brokers is able to assist buyers wishing to purchase precious metals bullion. Investors can choose either fully-funded or leveraged positions.

    About Bill Hionas:
    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.info; http://www.panamericanmetalsofmiami.com

    Press Contact
    Debbie Bailey
    Executive Administrator
    Pan American Metals of Miami, LLC
    Email: dbailey ( @ ) investpanam dot com
    Website: http://www.billhionas.info; http://www.panamericanmetalsofmiami.com

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