(1888PressRelease) September 03, 2011 - MIAMI, FL - Bill Hionas runs Pan American Metals of Miami, a precious metals brokerage located in Miami, Florida where it is ideally situated for clients from both North and South America. The precious metals market has been the center of considerable attention lately as macroeconomic factors have sent investors running for the shelter of a safe haven.
Precious metals have held a particular allure for mankind for millennia and gold and silver have served as money for centuries. The rarity, beauty and functionality of these metals give them an intrinsic value that ensures they hold their value against all major currencies.
"Precious metals bullion is a unique financial instrument," says Bill Hionas. "One is not buying shares or options but a true physical holding in a precious metal."
Many investors look to buy gold or silver bullion as a hedge against economic uncertainty. Gold is often the first choice for a safe haven; major currencies were backed by the gold standard for centuries and the yellow metal is highly desired and coveted. In Asia, gold is the traditional gift for memorable occasions: weddings, christenings, the New Year, etc. Central banks worldwide hold reserves of gold bullion, and many are adding to these as fast as possible.
Silver is considerably cheaper than gold making it highly attractive to the smaller investor. It shares to some degree in gold's status as a safe haven but also draws considerable demand from industry. Silver has the highest electrical and thermal conductivity of any element making it invaluable in a range of industries. Platinum is extremely rare, with limited sources of natural ore. It has traditionally been more valuable than gold, although gold has recently been playing 'catch-up', even overtaking platinum briefly. Both platinum and palladium are widely used in jewelry and also in the automotive industry, where they are used in the manufacture of catalytic converters.
The team at Pan American Metals of Miami is available to assist buyers with their purchase of any precious metal.
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.
Precious metals offer a safe haven for investors. 
Satisfied Users & 
Approved Press Releases
Print
Email
Report Spam