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World Gold Council Report Verifies Value of Gold as Part of any Portfolio says Bill Hionas

Top Quote In a recent report from the World Gold Council, gold is advocated as being able to boost performance and reduce risk when included in any investment portfolio. End Quote
  • (1888PressRelease) October 26, 2011 - MIAMI, FL - According to Terry Wooten of Kitco News, the report shows that "…a proper allocation of gold can preserve capital and reduce risk without diminishing long-term returns." Part of the reason for this is gold's easy liquidity and past record of outperforming other assets during times of economic turmoil. Those investors who have incorporated gold bullion into their portfolios for some time now will have seen noticeable growth as gains in gold will have shielded them from losses elsewhere. The report provides strong evidence for the inclusion of gold in any portfolio, showing that portfolios that include gold bullion perform better than those that do not.

    Physical demand for gold also remains strong from the emerging economies of Asia; the massive economies of India and China cannot be ignored in today's global market and they are huge importers of gold. As the Indian festival of Diwali approaches, there is increased demand for both gold and silver, which are traditional gifts at this time. Interestingly, this year there has been an increase in the sale of gold coins rather than gold jewelry, suggesting that gift givers are thinking more in terms of the investment value of their gift.

    As gold closed today above $1720, forecasts for $2200 an ounce over the next couple of years seem quite realistic. The European and US debt issues are not going to disappear overnight, no matter what the outcome of the current summit; the safe haven offered by gold continues to attract prudent investors interested in wealth protection.

    Bill Hionas runs Pan American Metals of Miami, a precious metals brokerage located in Miami, Florida. PAMOM trades in gold, silver, platinum and palladium.

    For further information please visit www.billhionas.com

    About Bill Hionas:

    Bill Hionas is CEO of Pan American Metals of Miami, LLC, 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.billhionas.com; http://www.panamericanmetalsofmiami.com

    Press Contact

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

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