Bill Hionas says Precious Metals Bullion has Intrinsic Value

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Bill Hionas says Precious Metals Bullion has
Intrinsic Value
(1888PressRelease) In times when other
investments may be highly volatile, the intrinsic
value of precious metals bullion makes it
attractive to investors. MIAMI, FL - Precious
metals bullion is a unique financial instrument.
Precious metals have an intrinsic value and have
been treasured and coveted by mankind for
thousands of years for their rarity, beauty and
functionality. While all government-backed
currencies have, historically, eventually
collapsed, gold and silver have been accepted for
trading since the fourth millennium BC.
Additionally, gold bullion is being stockpiled by
the central banks of many disparate countries
there is a reason why governments choose to keep
reserves of gold, they realize its ultimate
value. Inflation or devaluation can wipe out the
value of cash in a remarkably short time - ask
anyone from Zimbabwe or Argentina for example -
but gold holds its value and is often the
standard against which other currencies are
measured. Currently there is a sense of panic in
the air as fears rise about debt contagion in
Europe and the US's credit status. Government
austerity measures led to riots in Athens and
London has had its own riots also, ostensibly due
to unpopular cuts in government spending on
welfare. Meanwhile there is news that France is
joining the list of European countries to have
debt issues. Arguably, the stock market may have
overreacted to these events, nevertheless this
reaction simply serves to remind us of the
fickleness of the markets and how even a rumor
can cause the value of stocks to tumble gold, on
the other hand, just goes up whenever stocks go
down. Bill Hionas leads the precious metals
brokerage, Pan American Metals of Miami, where he
heads a team of seasoned brokers, traders and
investors. PAMM's team offers advice that is
tailored to the specific needs of each client,
whether institutional or individual PAMM's
brokers only recommend positions they themselves
would be comfortable holding. Investors wishing
to diversify into precious metals should see
www.billhionas.com for more information.
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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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