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Gold and Silver Rise as Fears of Recession Persist says Bill Hionas (1888PressRelease) Fear leads investors to seek out safe havens in precious metals. (1888PressRelease) MIAMI, FL - Fears persist that the US and Europe - in the opinion of Morgan Stanley - are hovering on the brink of a recession. Fear, it seems, is all it takes to have stock markets tumbling and investors rushing to safe havens. Gold and silver are currently the most popular safe haven choices and the price of both metals rose sharply again Thursday, August 18, in the wake of disappointing economic data from the US and concerns about sovereign debt in Europe and the future of the euro. Gold has been proven for centuries to hold its value in times of economic upset and is likely the number one choice for investors as a hedge against inflation. As such, investment demand has increased exponentially and the price of gold has skyrocketed, reaching new highs almost daily. Some may be wary of buying gold at what they perceive to be inflated prices; however, consensus among investment experts is that gold still has room to go far higher. It is certainly not too late to buy gold, even at current prices. Bill Hionas has years of expertise in the precious metals market and, at Pan American Metals of Miami, he leads a team of seasoned investors and brokers that has over a century of collective experience. "Our clients are delighted with the returns on their investment," says Bill Hionas. "Precious metals bullion is proving to be a valuable asset to any portfolio." Gold bullion has been selling like the proverbial hot cakes recently as fears of a double dip recession, currency failures or high inflation dominate the news. Clients wishing to purchase precious metals bullion can take advantage of the expertise available at Pan American Metals of Miami. Brokers offer advice that is tailored to the specific needs of each individual investor. 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:; Press Contact Debbie Bailey Executive Administrator Pan American Metals of Miami, LLC Email: dbailey ( @ ) investpanam dot com Website:;

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Gold and Silver Rise as Fears of Recession Persist says Bill Hionas