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Pan American Metals of Miami says 2011 was a Good Year for Gold Overall

Top Quote Gold fared well as a long-term investment in 2011. End Quote
  • (1888PressRelease) January 03, 2012 - MIAMI, FL - Despite a lackluster performance during the final quarter of 2011, it is important to remember that gold actually did very well as an investment over the year as a whole. Gold's detractors talk about bubbles that are about to pop and the fact that gold bullion produces no dividends or income. Interestingly, undeveloped land does not produce any income either yet - since they are 'not making it any more' - it does tend to rise in value. Similarly, there is a finite supply of gold bullion, which also tends to gain value over time. Gold, however, is a great deal easier, and cheaper, to purchase than land and, due to its high value to weight ratio, it is actually easy to store and readily portable.

    Central banks were net buyers of gold during 2011, a factor that adds strong support to gold prices. Like central banks, investors who hold physical gold tend to be interested in long-term gains and wealth protection. Gold delivers on both these fronts. Long-term investors are not concerned with talk of bursting bubbles, nor are they concerned with short-term dips in the market, except insofar as they may present buying opportunities.

    "The outlook for the early part of 2012 remains positive for gold," says Bill Hionas of Pan American Metals of Miami. "The underlying fundamentals have not changed."

    Pan American Metals of Miami trades in precious metals bullion: gold, silver, platinum and palladium. Both leveraged and fully funded positions are available.

    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.

    Website: http://www.panamericanmetalsofmiami.com

    Press Contact

    Debbie Bailey
    Executive Administrator
    Pan American Metals of Miami, LLC
    Email: dbailey ( @ ) investpanam dot com
    Website: http://www.panamericanmetalsofmiami.com

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