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Pan American Metals of Miami says Gold Bullion Becomes the Safe Haven of Choice When Currency is Devalued

Top Quote Gold has been proven to hold its value when fiat currencies are debased. End Quote
  • (1888PressRelease) January 26, 2012 - MIAMI, FL - Gold bullion has been the safe haven of choice for investors for decades, for good reason. If we take a long hard look at the economy, we see a prolonged period of negative 'real' interest rates. That is to say, interest rates are lower than the rate of inflation. In this situation, cash saved in a bank deposit account is constantly losing value. However, debt repayments, even though they may be at rates of interest that generally exceed the rate of inflation, nevertheless become payable, as time goes on, with currencies that may have significantly decreased in relative value.

    When governments print more money, devaluing their currency, they are able to repay their debt in the future with money that is becoming cheaper and cheaper. If there is also a significant level of inflation, then the debt becomes cheaper still. In fact repaying debt with cheaper money is a significant hidden benefit of inflation.

    "Financial markets are waiting on the outcome of the Federal Open Market Committee meeting," says Bill Hionas, of Pan American Metals of Miami. "If there is any hint of a further round of quantitative easing then we can expect to see a sharp rise in the price of precious metals bullion. When fiat currencies are debased, and the possibility of inflation rears its head, investment demand in bullion increases; gold has proven itself time and time again, outperforming almost every other asset in times of economic turmoil."

    Pan American Metals of Miami is a South Florida precious metals company trading in gold, silver, platinum and palladium. Both fully funded and leveraged positions are available.

    About us:

    Pan American Metals of Miami, LLC is 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.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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