Bill Hionas Explains Why Precious Metals Will be the Only Safe Haven

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Bill Hionas Explains Why Precious Metals Will be
the Only Safe Haven
(1888PressRelease) Intrinsic value of precious
metals makes them the only true safe
haven. MIAMI, FL - The current situation has the
investment world perplexed. Investors are rushing
to unload what they perceive as risky assets and
move into cash, causing a strong US dollar and a
marked decrease in the price of precious metals.
This runs contrary to every logical thought
process. Precious metals have an intrinsic value
while the euro and the dollar are worth only the
value of the paper they are printed on, and the
faith placed in the governments issuing
them. Investors who are nervous about precious
metals should consider the scenario that may
happen if, as seems quite likely, the present
crisis worsens. Global debt has grown
exponentially in recent years. Europe consists of
a few strong economies and several countries that
have stagnant economies and severe debt. The
European Financial Stability Fund does not have
enough money to bail out all the members that
might need it and certainly not an economy the
size of Italy's. If there are defaults then we
will also see banks failing. Governments will
find themselves in a vicious cycle as loans
attract higher and higher interest rates,
eventually resulting in even higher deficits.
To protect wealth, in this scenario,
investments with an intrinsic value are
essential. Precious metals bullion has an
intrinsic value that cannot be debased in the
same way as fiat currencies. "Precious metals
bullion has been proven to stand the test of time
and gold has outperformed almost every other
asset in every financial crisis for the last
thirty years," says Bill Hionas. "The tangibility
of precious metals offers reassurance to
investors."
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Bill Hionas runs Pan American Metals of Miami, a
precious metals brokerage located in Miami Beach.
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.panamericanm
etalsofmiami.com Press Contact Debbie
Bailey Executive Administrator Pan American
Metals of Miami, LLC Email dbailey ( _at_ )
investpanam dot com Website http//www.billhionas
.com http//www.panamericanmetalsofmiami.com Sou
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