Bill Hionas Says Precious Metals Very Attractive as Safe Haven
Gold and silver are both attractive to investors as safe havens.
(1888PressRelease) August 18, 2011 - MIAMI, FL - Both gold and silver are attractive to
investors as a safe haven in times of economic crisis and - as gold becomes more and
more expensive - silver is beginning to catch up to its big sister in terms of investment
demand. Precious metals bullion is a unique financial instrument; one is purchasing a
holding in an actual physical metal, a metal that has stood the test of time and been
proven to hold its value against paper currencies.
Platinum was briefly overtaken by gold last week as gold soared amidst the
macroeconomic turmoil that followed S&P's downgrading of the US's triple-A credit
rating. Platinum sees much of its demand coming from industry so it is slightly less
attractive in times of economic uncertainty; however, it quickly regained its position and
is likely to continue to rise as the stock market recovers. Palladium also sees a large
portion of its demand coming from industry, the automotive industry in particular.
Pan American Metals of Miami is a precious metals brokerage, based in Miami and led
by Bill Hionas. PAMM was showing gains in gold, silver, platinum and palladium today,
August 17.
"Precious metals offer a great hedge against inflation and are currently attracting a lot of
attention as stocks have been volatile and there are ongoing concerns about sovereign
debt issues both at home and overseas," says Bill Hionas.
PAMM's team of investors and brokers is able to assist buyers wishing to purchase
precious metals bullion. Investors can choose either fully-funded or leveraged positions.
About Bill Hionas:
Bill Hionas is CEO of Pan American Metals of Miami, LLC, 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.billhionas.info; http://www.panamericanmetalsofmiami.com
Press Contact
Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC
Email: dbailey ( @ ) investpanam dot com
Website: http://www.billhionas.info; http://www.panamericanmetalsofmiami.com
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