(1888PressRelease) August 18, 2011 - MIAMI, FL - Given the current state of the global economy, investment experts see gold and the Swiss franc as the only two safe havens at the present time. Gold has been perceived for millennia as the standard by which other currencies, some long defunct, are measured. Gold, like other precious metals, has an intrinsic value that does not really depend on the ups and downs of the stock markets.
Gold bullion is held by many of the world's central banks; in fact some countries have been rapidly increasing their gold bullion holdings; this certainly suggests that gold bullion is something that is very desirable to have in reserve.
Bill Hionas leads a team of seasoned investors and brokers at Pan American Metals of Miami, which trades in precious metals bullion. They are available to assist clients with their bullion investment needs and their advice is tailored to the unique needs of each client, whether individual or institutional.
"Gold bullion has been fairly flying off the shelves in recent weeks" says Bill Hionas. "Investors are desperate to find a safe haven as uncertainty about debt issues and possible high inflation rates mount. Fiat currencies are losing credibility and investors are looking for something that is proven to hold its value."
Currently, gold prices are at an unprecedented high and some buyers may be awaiting a correction before increasing their holdings. However, indicators suggest that a correction will come only after a much higher gain has been achieved.
For more information see www.billhionas.com
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.
Gold bullion held by many central banks. 
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