Bill Hionas says Cultural Differences Affect Investment Preferences

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Bill Hionas says Cultural Differences Affect
Investment Preferences
(1888PressRelease) The way in which people choose
to invest in gold or silver bullion or coins
differs from country to country. MIAMI, FL,In
the giant emerging economies of India and China,
gold is king. In India, gold jewelry and
ornaments are the desired gifts for major
festivals and Indian brides, at least those whose
families or grooms can afford it, are festooned
in gold jewelry on their wedding day. In China,
gold is also highly important, signifying wealth
and financial status Chinese citizens, however,
place greater value on authenticating their
collectible gold to insure against
fraud. Europeans, understandably cautious about
the value of their currency, prefer the financial
security of gold and silver bullion, hoping for a
hedge against inflation and wealth protection.
North Americans tend to feel likewise, though
there is a strong interest in gold and silver
collectible coins. Both the US and Canadian Mint
have produced record numbers of collectible coins
in the past year. South Americans, on the other
hand, seem to prefer silver to gold. Meanwhile
the central banks of several emerging economies
are stockpiling gold bullion as rapidly as
possible. For the average man in the street,
silver may be more attractive due to its lower
price point, though gold is clearly more portable
in terms of weight in relation to value. The
industrial metals tend to be less sought after
for purposes of investment, wealth protection and
status. Yet platinum is offering a perfect buying
opportunity for bargain hunters at the moment.
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Regardless of cultural differences, gold and
silver bullion and coins remain highly desirable
physical demand remains strong globally. Gold and
silver bullion is tangible and reassuring to own
at a time when paper currencies are proving less
and less reliable. About Bill Hionas Bill
Hionas is CEO of Pan American Metals of Miami,
LLC, a group of traders, investors and account
executives that combines 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.panamericanm
etalsofmiami.com Press Contact Debbie
Bailey Executive Administrator Pan American
Metals of Miami, LLC Email dbailey ( _at_ )
investpanam dot com Website http//www.billhionas
.com http//www.panamericanmetalsofmiami.com Sou
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