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Pan American Metals of Miami says Gold Has Risen 10% in January So Far

Top Quote Gold and silver have both enjoyed an excellent start to 2012. End Quote
  • (1888PressRelease) January 28, 2012 - MIAMI, FL - January has proven to be a good month for gold bullion as prices have risen by 10% so far since the beginning of the year. A lower dollar, following the Federal Reserve's decision to keep interest rates low for almost three years, has served to push gold prices even higher. Silver also benefited from this move.

    Gold and silver both provide a hedge against inflation, enabling investors to take a position in assets that will hold their value. Many financiers feel that there is already evidence of inflation; that it is simply being played down. There are, of course, many ways to 'hide' inflation; for example, if we look at food prices, we might see that the price of a bag of oranges or a box of cereal remains the same, but there may be fewer oranges in the bag or less cereal in the box, which leads to reports that erroneously give the consumer the impression that there is no inflation in grocery prices. Gold and silver bullion and coins, on the other hand, have been proven to hold their value during times of economic uncertainty.

    "Gold and silver were used as money for centuries," says Bill Hionas of Pan American Metals of Miami. "In many ways they still function as such; both metals are easily traded anywhere in the world."

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