Bill Hionas Explains the Attraction of Precious Metals Bullion as an Investment

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Bill Hionas Explains the Attraction of Precious
Metals Bullion as an Investment
(1888PressRelease) Precious metals offer a safe
haven in times of economic turmoil. MIAMI, FL -
It seems like everyone is rushing to buy gold
bullion, in fact investors seem to be falling
over themselves in a mad panic to lay their hands
on as much gold as possible. Why is it that
precious metals are so attractive as an
investment when the economy seems to be in
turmoil? As a generalization, the price of gold
tends to rise as the dollar, and often
commodities, fall. When there is doubt about the
future of the economy, - and there is certainly
loads of doubt at present - holding onto cash,
which may be devaluing daily is clearly not a
good idea. Interest rates tend to be low, so
traditional savings accounts and CDs are not a
good idea either since, in real terms, you are
actually losing money. Add inflation to the mix
and you are losing money even faster. Investing
in commodities also means you are likely losing
money gold, however, holds its value. As a
precious metal, gold, like other precious metals,
has an intrinsic value that will not depreciate.
Unlike paper money, gold and silver are durable
and are readily accepted and traded in any
currency in this way they actually do act like
money, but money that does not devalue. Little
wonder then that prudent investors rush to buy
gold and silver bullion in times of economic
uncertainty. "Precious metals bullion is a
unique financial instrument," says Bill Hionas,
who leads Pan American Metals of Miami, a
precious metals brokerage. "It has an intrinsic
value and investors are buying actual physical
bullion, not betting on future prices or buying
stock in a company which could devalue rapidly
should there be another recession."
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Gold and silver bullion have offered protection
against inflation for decades and continue to
offer a safe haven for savvy investors About
Bill Hionas Bill Hionas is CEO of Pan American
Metals of Miami, LLC, 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. Website http//www.billhionas.com
http//www.panamericanmetalsofmiami.com Press
Contact Debbie Bailey Executive Administrator Pan
American Metals of Miami, LLC Email dbailey ( _at_
) investpanam dot com Website http//www.billhion
as.com http//www.panamericanmetalsofmiami.com S
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