BillHionas.com Offers a Portal for Those Interested in the Precious Metals Market Website provides a look at the attraction of precious metals |
| August 03, 2011 | August 2011 Bond Updates |
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Gold, unlike most other commodities, is durable; most of the gold ever mined in the world is still in existence. (1888PressRelease) MIAMI, FL - Since time immemorial, man has been fascinated by the allure of gold. As long ago as four thousand years BC, gold was used in the crafting of precious artifacts. Gold, unlike most other commodities, is durable; most of the gold ever mined in the world is still in existence. The market is driven by supply and demand but there is significant investment interest in gold, due to its perception as a safe haven in times of crisis. Silver has also been used by artisans since the fourth millennium BC and is valued today not only for its beauty, and use in the manufacture of jewelry, but also for its wide range of uses in industry. Silver's unique chemical properties make it highly useful in the electrical industry and in the manufacture of high-end audio equipment. Platinum has a rarity value that makes it highly desirable; ore deposits are rare and found mainly in South Africa, Russia and Canada. Platinum derives much of its demand from the automotive industry where it is used in the manufacture of catalytic converters but it is also used extensively in the jewelry industry. Palladium is a relatively 'new' metal, having only been discovered in 1803. Like platinum it has rarity value and sees heavy demand from both the auto industry and the jewelry industry; palladium also enjoys considerable investment interest. Gold tends to be the favorite metal for those investors seeking a safe haven but all the precious metals are attractive to investors as they have an intrinsic value and supplies are relatively limited. Precious metals have enjoyed a bull run for a long time now and there are many political and economic factors to indicate that this will continue for the foreseeable future. Pan American Metals of Miami, led by Bill Hionas, trades in all four precious metals. About us: 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@investpanam.com Website: http://www.billhionas.com; http://www.panamericanmetalsofmiami.com |
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