Precious metals bullion is a unique financial vehicle.
(1888PressRelease) November 21, 2011 - MIAMI, FL - The precious metals market has been fairly volatile in recent months, making it possibly less attractive to novice investors. Knowledge of the basics of investing in precious metals bullion and coins can help new investors gain some understanding of the market.
Gold is the most popular of the metals and the one that attracts the most headlines. Gold is often bought as protection against economic crises; it serves as a hedge against depreciation or inflation. As such, demand for gold grows whenever there is perceived risk in other investments, including currencies. There is a finite supply of gold but most of the gold ever mined is still in existence. Additionally, many Asian cultures value gold and gold ornaments and jewelry highly, producing a massive demand for physical gold from Asian nations.
Silver is also popular. It offers a more affordable entry point into the world of precious metals investment, currently trading at approximately 1/50 the price of gold. It can outperform gold in bull markets and also benefits from extensive industrial demand. Like gold, it is available in both bullion and coins.
Platinum and palladium also enjoy considerable industrial demand, being used in a variety of industries, but particularly in the manufacture of catalytic converters. They are also used in jewelry making. Traditionally, platinum trades at a premium to gold. Its lower price in recent weeks is something of an anomaly. The last time this occurred was, interestingly, in 2008. Both palladium and platinum are extremely rare; demand for these metals is heavily dependent on the strength of the economy, particularly the automotive industry.
Pan American Metals of Miami has a seasoned investment team, led by Bill Hionas, available to advise clients interested in diversifying into precious metals bullion.
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.
Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC
Email: dbailey ( @ ) investpanam dot com
Website: http://www.panamericanmetalsofmiami.com