Physical holdings of precious metals are the most attractive way to invest in the market.
(1888PressRelease) June 18, 2011 - MIAMI, FL - There are many different ways to invest in gold and investors can be forgiven for being confused as to which is best. The options are: physical gold (coins or bullion), investing mining shares, or mutual funds.
The increase in the value of physical gold has been far greater than the increase in value of mutual funds or mining shares and it seems likely that this trend will continue, partly due to political factors affecting some of the major sources of mined gold and silver.
Owning bullion also infers actual physical possession of a precious metal that has an intrinsic value. There is even a move in the US to consider gold and silver coins as legal tender; this may still be an unlikely scenario but Utah has started minting gold and silver money, legislating to make it acceptable as legal tender. Owning physical bullion erases any uncertainty about additional costs or taxes associated with mining industry, introduced by foreign governments and beyond our control.
"Precious metals bullion is a unique financial instrument." says Bill Hionas of Pan American Metals of Miami (PAMM). Investors are not purchasing the right to buy or sell; they are purchasing a true physical holding in a metal that has stood the test of time."
PAMM deals in gold, silver, palladium and platinum. All four metals are in demand from the jewelry industry; however, palladium and platinum are also in great demand for their role in making catalytic converters for automobiles and have additional uses in the electronics industry and in dentistry. Likewise silver is widely used in a variety of industries. This ensures a constant demand, set against diminishing supply sources. The current economic situation has investors amassing bullion as insurance against high inflation, stagnation or deflation.
PAMM has a team of experienced brokers available to assist buyers to purchase precious metals bullion; purchasers can choose to take physical delivery or to have their bullion placed in a repository for safe-keeping.