Bill Hionas Explains Why Patience can be a Virtue in the Investment World

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Bill Hionas Explains Why Patience can be a Virtue in the Investment World
(1888PressRelease) Prudent investors need to possess this particular virtue.
(1888PressRelease) MIAMI, FL - Bill Hionas is CEO of Pan American Metals of Miami, a
precious metals brokerage operating out of Miami, Florida. He has many years experience in
precious metals investment and his team offers advice that is tailored to the specific needs of
each individual investor.

Fluctuations in the market have differing effects on investors, depending on the type of investor
and the reasons for their holding the positions they do. For the early part of 2011, the hype was
all about silver; silver was skyrocketing, silver would storm through $50 an ounce and beyond;
silver had become the 'holy grail' for investors. Then silver corrected, sharply and spectacularly.
Those who had missed out on silver's spectacular gains no doubt congratulated themselves on
their perspicacity and caution. Those who had bought silver near the peak had three choices,
depending on their situation: sell as fast as possible and cut losses; rub their hands in glee that the
new lower price enabled them to accumulate more silver; or sit out the market, confident that
prices would eventually increase again. Of these, the latter two groups should now be
congratulating themselves on their wisdom. As gold undergoes its own correction, silver is still
holding firm above the $40 level and there is every indication that it will soon go far higher.

Taking a look at silver prices since their spectacular tumble in May, we see a fairly quick
recovery that has been pretty consistent. Amidst a tumultuous week on the precious metals
market, silver is still rising. Shrewd investors realize that the same thing will happen with gold;
the present correction is healthy, and necessary; it presents an excellent buying opportunity. Gold
will rebound, it always does; there are far too many macroeconomic factors backing it for this
not to happen. Savvy investors will buy in the dip and / or hold on to their gold bullion and wait
for prices to recover. Many market analysts feel that both gold and silver are poised for a
significant rally. Patience may indeed prove to be a virtue.

See for more information on investing in precious metals bullion.

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.


Press Contact
Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC

Email: dbailey ( @ ) investpanam dot com
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