Bill Hionas says Precious Metals Starting to Rally but it is Not Too Late to Find Bargains

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Bill Hionas says Precious Metals Starting to
Rally but it is Not Too Late to Find Bargains
(1888PressRelease) As precious metals start to
recover, bargain hunters should look at
platinum. MIAMI,FL - Following last week's panic
in the wake of the Federal Reserve's downgrade of
the US economy, consumer confidence is rallying
noticeably and precious metals prices are
rallying also. The recent, rather spectacular,
slide led to excellent buying opportunities for
those investors who refused to panic and kept
their eyes focused on the bigger picture they
should be congratulating themselves on picking up
quite a bargain as they now watch prices rise
again. For investors who may have been too
nervous, or too slow, the ongoing bargain may be
platinum. Platinum is trading much lower than
gold, a position that is historically unusual and
arguably will not last for too long. Silver is
also sharing in gold's rally and likely to show
good returns. Bill Hionas runs Pan American
Metals of Maimi, a precious metals brokerage
located in Miami, Florida and trading in precious
metals bullion gold, silver, platinum and
palladium. "Savvy investors will have been
delighted with the bargains on offer over the
last couple of days," says Bill Hionas. "Now we
are seeing signs of a strong rally in both gold
and silver, while platinum is still offering a
potential bargain."
Despite a small increase in consumer confidence,
there is still considerable concern about the
state of the economy, both in the US and Europe.
Additionally, it should be remembered that the
rebound in gold and silver simply means we are
still on the roller coaster, just on a climb
right now. Investors should be aware that
corrections will still occur it will likely not
be a straight run up to the top. However, the
overall direction will remain upward and
occasional dips, small or large will offer buying
opportunities. Market experts are still focused
on gold reaching 2000 an ounce by 2012.
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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.billhiona
s.com http//www.panamericanmetalsofmiami.com Pr
ess Contact Debbie Bailey Executive
Administrator Pan American Metals of Miami,
LLC Email dbailey ( _at_ ) investpanam dot
com Website http//www.billhionas.com
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