Bill Hionas Advises on the Best Way to Invest in Precious Metals

Bill Hionas Advises on the Best Way to Invest in Precious Metals(1888PressRelease) Precious metals bullion is the preferred choice for investors interested inwealth protection.(1888PressRelease) MIAMI, FL - For investors considering adding precious metals to theirportfolios, the main question is often how to invest. Gold, for example, can be bought as bullion;alternatively one can buy ETFs (Exchange Traded Funds), mining stocks or mutual funds. Onecan also buy gold options or futures. However, novice investors should bear in mind that buyingoptions or futures is highly speculative and probably best left to experienced investors who arecomfortable with the risk and highly knowledgeable about the market. Speculators aside, thechoice depends to some extent on ones reasons for investment.For those investors who are mainly interested in wealth protection, in maintaining the purchasingpower of their money in the event of inflation or a failing currency, precious metals bullion isalways preferable. Historically precious metals have retained their value, regardless of what hashappened to currencies. Nixon abolished the gold standard forty years ago so that now allcurrencies are fiat currencies; that is to say they are based on fiat or faith. In other words ahundred dollar bill may well not be worth the paper its printed on; when you take a hundreddollar bill from the ATM you are simply in possession of a promise that you can use this piece ofpaper to buy approximately a hundred dollars worth of goods. This is fine until inflation takes abite out of the value of your hundred dollars and / or your piece of paper is no longer actuallyworth a hundred dollars at all because the currency has failed. If you have gold bars in yourpossession, this worry is eliminated.Bill Hionas runs Pan American Metals of Miami (PAMM). Operating in Miami Beach, PAMMis ideally situated at the financial hub of North, South and Central America. PAMM trades ingold, silver, platinum and palladium. Bill Hionas leads a team of seasoned brokers and traderswho can assist clients in purchasing precious metals bullion.About Bill Hionas:Bill Hionas is CEO of Pan American Metals of Miami, LLC, a group of traders, investors andbrokers who combine many years of experience to help clients invest in bullion. PAMMprovides an individual investment service and is based in Miami, Florida for convenient accessto both North and South American investors.Website: http://www.billhionas.com; http://www.panamericanmetalsofmiami.comPress ContactDebbie BaileyExecutive AdministratorPan American Metals of Miami, LLCEmail: dbailey ( @ ) investpanam dot comWebsite: http://www.billhionas.com; http://www.panamericanmetalsofmiami.com

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Bill Hionas Advises on the Best Way to Invest in Precious Metals

by donaldhood on Aug 30, 2011

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Bill Hionas Advises on the Best Way to Invest in Precious Metals Document Transcript