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Pan American Metals of Miami says Gold Historically Provided Safety Not Quick Profits

Top Quote Investors who are at something of a loss as to how to deal with the volatile. End Quote
  • (1888PressRelease) September 12, 2011 - MIAMI, FL - Investors who are at something of a loss as to how to deal with the volatile gold market may benefit from taking a look at history. Historically, gold has kept pace with inflation. If the price of an ounce of gold would buy, say, a new refrigerator 20 or 50 years ago, it would still buy a comparable new refrigerator today.

    After taking inflation into account however, returns would not, historically, have been all that amazing. People invested in gold for safety rather than for quick profits and it certainly provided that desired safe haven, very effectively. In the last couple of years, this situation has changed. There are indeed substantial profits to be made in gold at present, especially if one bought ones gold a year or two ago. Even at the current -historically high - prices, there is room to make a profit. Savvy investors are buying when prices are low and selling when they rise again; action that only serves to reinforce the volatility but does enable profit taking.

    Those who bought gold years ago, or have been slowly adding to their supplies of gold bullion, have found lately that their bullion has actually outperformed almost any other investment and has not just kept abreast of inflation but surpassed it. Even if gold were to slide dramatically these investors would still, in all likelihood, find that their investment had provided an effective inflation-proof hedge.

    "Investors who diversified into gold some time ago have been delighted with their portfolios," says Bill Hionas of Pan American Metals of Miami. "It is certainly not too late to buy gold however; there are many macroeconomic factors supporting even higher prices in the near term. Regardless of the price, or possible future price, owning gold bullion does provide reassurance in times of economic uncertainty."

    Pan American Metals of Miami is a precious metals brokerage located in Miami Beach where it is ideally situated for investors from North, South and Central America.

    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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