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Pan American Metals Of Miami Says Gold and Silver Provide Wealth Protection for Investors

Top Quote Most holders of physical bullion are looking for insurance against inflation or currency devaluation. End Quote
  • (1888PressRelease) June 14, 2011 - MIAMI, FL - Speculators aside, many holders of physical precious metals bullion are interested in long-term wealth protection and insurance against a possible economic collapse or hyper-inflation.

    While gold and silver may not be currently acceptable at your local supermarket, there are many knowledgeable people out there who are predicting the possibility of a new 'gold standard', following a possible collapse of paper currency.

    They may be 'doom and gloom' merchants, but it is not necessarily an unreal scenario. The US government seems happy to continue printing money, while its debt grows exponentially. This is comparable to getting a new credit card each week and running it up to its maximum balance, just to pay for groceries and heat, because you are living far beyond your means and have long since run out of cash.

    John Nathan, author of The New Gold Standard, asks what would happen if the US dollar suffered the same fate as the Zimbabwean dollar, now all but worthless at approximately 4 trillion Zimbabwe dollars to 1 US dollar. Unlikely, perhaps, but many people are not prepared to take the risk. Individuals, institutions and governments alike are amassing gold and silver.

    "Many investors are currently looking to precious metals, especially gold, as a hedge against inflation and the possible devaluation of paper currency," says Bill Hionas of Pan American Metals of Miami (PAMM). "Precious metals have an intrinsic value that has stood the test of time."

    For those investors looking to protect and grow their wealth, short-term fluctuations in the market are irrelevant. Additionally, the actual possession of physical gold provides reassurance in a highly uncertain economy. PAMM has a team of seasoned traders and investors available to assist clients to open an account, or to advise investors on their portfolios.
    "Our brokers never suggest positions to clients that they would not be comfortable holding themselves," says Debbie Bailey, executive administrator with PAMM. "Our advice is tailored to the unique needs of each individual investor."

    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. 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.panamericanmetalsofmiami.com

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

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