Bill Hionas says Gold and Silver are Highly Desirable as Investors Seek Safe Havens (1888PressRelease) Gold and silver have been prominent in the news in recent weeks. (1888PressRelease) MIAMI, FL - Gold bullion and silver have been prominent in the news in recent weeks as macroeconomic concerns drive investors to search for a safe haven for wealth protection. Gold is currently reaching back towards the all-time high of $1817 while silver is flirting with $40. Market analysts are divided on their feelings about the future outlook for gold. Some feel that gold can and will go far higher while others suggest that it may be a bubble about to burst. However, the consensus is that gold still has a fair way to go and that nothing is likely to change the current upward trend. It has yet to reach the equivalent of its 1980 level in real terms; in fact it would need to reach around $2500 to beat that, so it should not be considered overvalued. Demand remains high and supplies are limited, ensuring that gold will continue to hold its value, as it has for thousands of years. JP Morgan, for one, is backing gold to hit the $2500 mark before the end of this year. Ongoing economic concerns support both gold and silver on safe haven demand. Silver has been rising alongside gold, though not quite reaching such dizzy heights. Nevertheless it offers an affordable entry point and is seen as an alternative safe haven investment. Gold and silver have both served as money in past centuries and continue to be considered an alternative to money; an alternative that looks more and more attractive as faith in fiat currencies wanes. Bill Hionas is available to advise investors on investment in precious metals bullion. He leads Pan American Metals of Miami, a precious metals brokerage operating out of Miami, Florida where it is ideally situated for buyers from North, South and Central America. For further information on investing in precious metals bullion see www.billhionas.com 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.billhionas.com; http://www.panamericanmetalsofmiami.com Press Contact Debbie Bailey Executive Administrator Pan American Metals of Miami, LLC Email: dbailey ( @ ) investpanam dot com Website: http://www.billhionas.com; http://www.panamericanmetalsofmiami.com Trackback URL:
(1888PressRelease) Gold and silver have been prominent in the news in recent weeks.