Pan American Metals Of Miami Reports Gold on Steady Rise

Top Quote Gold rises steadily, heading for 'all-time high'. End Quote
  • (1888PressRelease) June 03, 2011 - MIAMI, FL, Gold seems to be set firm on a steady upward trend with market analysts making noises about 'all-time highs'. Many nations, including Mexico and Russia, have been adding to their gold reserves. Gary Wagner, a trader with 25 years experience and an uncanny ability to predict market trends with accuracy, states in his latest newsletter that gold has 'incredible potential'.

    Gold prices rose nearly $300 an ounce over the last year; recent corrections have occurred but prices have bottomed out and are now strongly on the rise again.

    "Gold is looking like a very sound investment at the moment, this is definitely still very much a bull market," says Bill Hionas, CEO of Pan American Metals of Miami (PAMM).

    Gold bullion has some advantages over gold ETFs (Exchange Traded Funds). Whereas ETFs give the buyer shares in gold that go up and down in value along with the variations in gold prices, bullion and coins allow the investor to hold physical gold. Gold coins have a monetary value; this means they are deemed currency and therefore not subject to capital gains taxes as ETFs are in many countries. Also, bullion provides a hedge for investors who may be concerned about a possible collapse in the commodities market or in flat currencies. While such a collapse may not be too likely, nevertheless, possession of physical gold, rather than shares in gold, is a definite attraction for many investors, particularly for those looking for medium to long-term profits.

    PAMM provides investors with opportunities to purchase bullion quickly and easily online. Both fully-funded and leveraged positions are available and purchasers may take possession of the gold any time they wish, providing their account is paid in full. Delivery can be made to a client's home or to a nearby repository. Trading in volume enables PAMM to offer its clients the best possible prices. PAMM also trades in silver, palladium and platinum.

    About us:
    Pan American Metals of Miami, LLC is a group of traders, investors and brokers who combine many years of experience to help clients invest in bullion. PAMOM provides an individual investment service and is based in Miami, Florida for convenient access to both North and South American investors.


    Press Contact
    Debbie Bailey
    Executive Administrator
    Pan American Metals of Miami, LLC
    Email: dbailey ( @ ) investpanam dot com

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