Bill Hionas Explains the Attraction of Precious Metals for Investors

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Bill Hionas Explains the Attraction of Precious
Metals for Investors
(1888PressRelease)Precious metals offer a
different type of investment vehicle. MIAMI, FL
- Precious metals bullion is a unique financial
instrument it could be compared to buying real
estate insofar as the purchaser takes physical
possession of the bullion and no part of it can
then be sold to anyone else. Additionally, if you
are buying real estate for your own personal use,
rather than as an investment, the property will
generally not pay dividends the attraction is in
pride of ownership and the anticipation of
appreciation when it is resold. Precious metals
bullion behaves very similarly one anticipates a
rise in price - if and when it is sold - but does
not expect dividends in the meanwhile. Pride of
ownership is a large factor for some investors in
precious metals also the metals have an
intrinsic value due to their rarity and
beauty. Among the precious metals, gold tends to
be favored in terms of a safe haven against
economic uncertainty and receives by far the most
attention from investors and the media. For
centuries, gold was accepted as a currency that
would hold its value and many investors still see
it as such today as it is often operating almost
as an alternative currency. The white metals
experience a combination of industrial and
investment demand. There is considerable demand
for platinum and palladium from the automotive
industry while both are also used extensively for
jewelry. Platinum is extremely rare and the
supply / demand ratio also works in its favor.
Platinum has seen a huge increase in investment
demand in the last decade.
Silver is the most affordable of the precious
metals, earning it the nickname 'poor man's
gold'. As such, it offers a similar safe haven to
gold, but at a more accessible price point. It is
also widely used for jewelry and ornaments.
However it does see around 60 of its demand
coming from the industrial sector, making it more
susceptible to the ups and downs of the global
economy.
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Bill Hionas runs Pan American Metals of Miami, a
precious metals brokerage located in Miami,
Florida. PAMOM trades in gold, silver, platinum
and palladium. 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 Pan American Metals of Miami, LLC Email
dbailey ( _at_ ) investpanam dot com Website
http//www.billhionas.com http//www.panamericanm
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