Pan American Metals of Miami Explains the Attraction of Gold as an Investment

Gold has an intrinsic value and exotic allure that give it an attraction beyond that of financial security.

2011-07-22

MIAMI, FL, July 22, 2011 (Press-News.org) Gold is attractive, having an exotic allure that has enticed and intrigued kings and potentates for millennia; even King Midas, of Greek mythology, yearned to have everything he touched turn to gold. Gold's beauty and desirability have never wavered for over five thousand years. Indigenous cultures of North and South America hoarded gold and used it to fashion amazing and intricate artifacts. El Dorado, the legendary golden city, has fascinated explorers from the days of the Spanish Conquistadors. In more recent history the 'Gold Rush' played a huge part in the history and development of the western US and Canada as towns sprang up and growth mushroomed to cater for prospectors. Gold is synonymous with supremacy, fabulous wealth and ultimate desirability. In Asian cultures gold symbolizes prosperity and is frequently given to commemorate special occasions. Owning gold may still be considered a status symbol; the metal has an intrinsic value in itself and physical ownership confers far more than 'just' financial security.

Nevertheless it is that desire for financial security that drives many investors to purchase gold. In times of economic crisis or uncertainty, gold offers a safe investment; it cannot be devalued, or affected by the actions of any government. It provides a hedge against economic crises and offers its owner protection against the possible devaluation or even collapse of paper currencies.
In many ways, therefore, gold is a unique investment, with an appeal certainly not found in grain futures or money market funds. Global economic problems have helped drive the price of gold to record-breaking highs, making it seem even more magical and alluring to investors.

Pan American Metals of Miami, under the leadership of Bill Hionas, trades in gold bullion, offering investors the option to take physical delivery of the gold, if they so desire. Pan American Metals of Miami has a team of seasoned investors that is ready to assist and advise buyers who wish to add gold bullion to their portfolio.

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.

Website: http://www.panamericanmetalsofmiami.com

Press Contact
Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC
Email: dbailey@investpanam.com
Website: http://www.panamericanmetalsofmiami.com

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