Concerns about slower global growth are boosting demand for safe haven assets.
(1888PressRelease) August 31, 2011 - MIAMI, FL - Gold and silver both made significant gains August 30 as investors reacted quickly to suggestions that further measures might be needed to stimulate the US economy.
Bill Hionas leads a team of seasoned brokers and traders at Pan American Metals of Miami, a precious metals brokerage located in Miami, Florida. Pan American Metals of Miami assists investors interested in purchasing precious metals bullion.
"The current macroeconomic concerns strongly support a continuing bullish trend in gold and silver," says Bill Hionas. "There is considerable nervousness among investors who are looking for ways to protect their wealth in a very uncertain economic climate."
Pan American Metals of Miami has a team of highly experienced brokers available to assist clients. PAMM's team advises both individual and institutional buyers, tailoring its advice to the specific needs of each individual investor. Those investors who are interested in wealth protection and generation and who are looking for a medium- to long-term investment will have observed the overall upward trend in gold bullion. As people begin to lose faith in many of the world's major currencies, the number of safe havens is dwindling. Precious metals bullion has proven itself over centuries as an asset that holds its value against all major currencies.
While safe haven demand has been driving the market recently, the precious metals market, as all markets, is eventually determined by supply and demand. Demand for precious metals comes both from investment and from industry, while supplies are obviously limited. Silver, platinum and palladium all see considerable demand from a range of industries due to their unique respective properties. All four metals, of course, are widely used in the jewelry industry also.
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.
Concerns about slower global growth are boosting demand for safe haven assets. 
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