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Gold Reaches New Five-Week High says Pan American Metals of Miami

Top Quote Gold reached a five-week high Tuesday at $1668, firmly consolidating gains that have been building through the first two trading weeks of the new year. End Quote
  • (1888PressRelease) January 17, 2012 - MIAMI, FL - Meanwhile, the threat of inflation is becoming a global concern as governments in the UK, the euro zone countries, the US and China all employ monetary easing policies in attempts to generate economic growth. Too much 'easing' will inevitably lead to inflation, which will lead to increased prices for precious metals bullion. Gold has long provided investors with a hedge against inflation and investment demand for gold has more than tripled over the past decade, which has seen a non-stop bull run for gold bullion.

    "Gold will respond to increased liquidity and is likely to rise strongly, at least over the next three years," says Bill Hionas of Pan American Metals of Miami. "Silver, which also sees strong industrial demand, is likely to rise even faster."

    Of all the precious metals, gold is the most popular as an investment, providing wealth protection in times of economic crisis. The white metals can be less predictable, relying heavily on industrial demand, which is stronger when the economy is healthy. Silver, however, benefiting from both investment and industrial demand is poised to rise sharply.

    Pan American Metals of Miami offers both fully funded and leveraged positions in precious metals bullion: gold, silver, platinum and palladium. Visit www.panamericanmetalsofmiami.com for further information or to open an account.

    About us:

    Pan American Metals of Miami, LLC is 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.panamericanmetalsofmiami.com

    Press Contact

    Debbie Bailey
    Executive Administrator
    Pan American Metals of Miami, LLC
    Email: dbailey ( @ ) investpanam dot com
    Website: http://www.panamericanmetalsofmiami.com
    www.panamericanmetalsofmiami.com/LatestNews.aspx
    www.panamericanmetalsofmiami.com/BuyProducts.aspx

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