MIAMI, FL, May 31, 2011 /24-7PressRelease/
-- Market reports on Thursday, May 26 show commodities, especially precious metals, holding value despite some sell-off. According to a report from Barclays Capital, investor interest remains strong in the commodities market; recent volatility notwithstanding. Gold
remains the favorite metal for investors looking for a hedge against inflation and a weakening dollar.
"This further supports the importance of gold and other precious metals as part of a balanced portfolio," says Bill Hionas
, CEO of Pan American Metals of Miami
(PAMM). "Savvy investors are stockpiling their precious metals holdings."
While some investors may have been frightened off by the volatility of recent weeks, most realize that, as a medium- to long-term investment, precious metals
bullion will always maintain value. Precious metals have an intrinsic value that gives them a level of security not found in many other financial instruments. PAMM trades in four metals: gold, silver, palladium and platinum. Demand remains high for palladium, platinum and silver due to their use in industry, while gold remains the 'gold standard' for many investors.
News from the Euro zone is also driving investors to take refuge in gold and silver
, and, to a lesser extent, palladium and platinum. News that the president of Greece has called an urgent meeting Friday, in light of the possible default on sovereign debt, further serves to make investors shy away from currencies and buoys the precious metals market.
PAMM offers both fully-funded and leveraged positions in precious metals; investors can either hold bullion themselves of have it kept in a vault for safe-keeping. PAMM's traders have over 100 years' combined experience and only suggest holdings to clients that they themselves would be comfortable purchasing.About us:
Pan American Metals of Miami, LLC is a group of traders, investors and brokers who combine many years of experience to help clients invest in bullion. PAMOM provides an individual investment service and is based in Miami, Florida for convenient access to both North and South American investors.
Pan American Metals of Miami, LLC