Investing in precious metals maybe the only path to follow in light of the present state of the global economy.
(1888PressRelease) November 24, 2011 - The ongoing uncertainty in Europe has reached the stage where even Germany, the largest economy, could not find buyers for its bonds at auction, at least not at the rate they requested. It seems there is little faith left in the future of the euro.
Normally such a situation would have investors rushing to buy all the precious metals they could lay their hands on, especiallygold bullion and coins. However, it would seem that the US dollar has been deemed more attractive. This flies in the face of the fact that the United States cannot solve its own debt issues.
Risk aversion has traditionally sent investors running to precious metals; indeed the central banks of many countries are buying gold while those who are not actually buying are definitely not selling. There has also been a significant increase in investment demand for precious metals in recent years. The white metals have always experienced industrial demand while all the precious metals have seen consistent demand from the jewelry industry.
Physical bullion is easily tradable and, thanks to the high ratio of value to weight, portable also.
"Physical bullion is the best way to invest in precious metals," says Bill Hionas, CEO of Pan American Metals of Miami. "Clients can take possession of their bullion if they so choose, at the same time it can be liquidated easily should the need arise."
Pan American Metals of Miami trades in precious metals bullion; 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.