Inflation devalues cash, making precious metals the wise investment.
(1888PressRelease) June 17, 2011 - MIAMI, FL - Low interest rates, coupled with inflation, cause cash to be constantly devalued; people can save religiously but inflation decreases the 'real' value of their money and, unless interest rates are higher than the rate of inflation, their savings are actually devaluing on a daily basis. Inflation in a stagnant economy equals stagflation, which is arguably the present state of affairs in the US. Gas and food are increasing, but the economic recovery remains slow while the country's debt load is almost incomprehensible. At times of inflation or stagflation, gold and silver hold their value and become highly attractive and desirable. Gold is not dependant on the backing of any country's economy or central bank, and is not subject to interest rates. Hence the current bull market in gold and other precious metals.
Gold has provided a standard for many currencies for centuries but it is not accepted as currency for every day purposes; holders of gold bullion or gold coins cannot take them to their local supermarket and exchange them for food, or use silver coins to fill their gas tank (though currently an ounce of silver would buy almost a tank of gas). However, gold does tend to hold its value against all currencies, regardless of inflation and, in the long term, outperforms cash. Also, gold and precious metals have a limited source of supply; they cannot be magically printed by any central government whenever money gets tight.
"Precious metals bullion is a unique financial instrument," says Bill Hionas of Pan American Metals of Miami (PAMM). "Investors are purchasing a physical holding in precious metals that have been valued for centuries because of their rarity, beauty and functionality."
PAMM offers fully-funded and leveraged positions in gold, silver, platinum and palladium. While gold remains the most popular choice for investors seeking a safe haven against inflation or stagflation, silver, platinum and palladium offer similar attractions while also benefiting from considerable industrial demand.
About us:
Pan American Metals of Miami, LLC is 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.
Inflation devalues cash, making precious metals the wise investment. 
Satisfied Users & 
Approved Press Releases
Print
Email
Report Spam