Predictions vary on what will happen in 2012 but gold offers best protection.
(1888PressRelease) December 28, 2011 - MIAMI, FL - As the year winds down towards its end, there is no shortage of predictions for the fate of precious metals during 2012. And those predictions are by no means unanimous. Some have suggested that the end-of-the-world scenario that some have derived from the Mayan calendar does not actually mean the end of the world per se, just the end of the world as we know it. This can be interpreted in any number of ways, of which one would be the collapse of the monetary system that we have at present.
End-of-the-world scenarios aside, the current system where some of the major economies are drowning in debt and seem only able to deal with this by printing more money to pay the interest on loans they are already unable to repay, is clearly heading for some kind of showdown. Either the system can be flooded with more money, ultimately leading to inflation, or countries will be allowed to default on their loans. Whatever scenario plays out, 2012 does not look like a happy year for the people of Europe.
"For as many people as there are making predictions about what we should expect in the coming year, there are people ready to advise us on how to protect ourselves from the prospect of hyperinflation or a double-dip recession," says Bill Hionas of Pan American Metals of Miami. "In the event there should be an economic meltdown, we will not find protection in any form of fiat currency. Assets that will hold their value will be those that they are not making any more, such as land, or whose supply is finite, like precious metals. Of these assets, precious metals bullion is the most likely to offer the desired protection."
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
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Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC
Email: dbailey ( @ ) investpanam dot com
Website: http://www.panamericanmetalsofmiami.com
Predictions vary on what will happen in 2012 but gold offers best protection. 
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