Badge

Pan American Metals Of Miami Says Silver Still a Sound Investment Choice

Top Quote Investors seeking long-term profits should see silver as an excellent choice with a promising future. End Quote
  • Miami, FL (1888PressRelease) June 05, 2011 - Regardless of recent volatility, silver is still seen by most market analysts as a sound investment vehicle with a very promising future. According to Dr Jeffrey Lewis, of Silver Coin Investment, '[S]ilver makes an excellent investment for those who have the liquidity to ride out the market's irrationality.' In other words, investors should not panic about ups and downs, even the dramatic ups and downs of a month ago, but realize instead that silver coins and bullion are a sound investment that may, according to some market analysts, still outperform gold in the long run. Other experts maintain that $100 per ounce, or even significantly higher for silver, is definitely within sight.

    'The bull run in silver will not be over until budgets are balanced, interest rates rise, and industrial manufacturers find a replacement for what is one of the most useful elements known to man,' says Dr Lewis.

    Silver's various uses in industry, quite apart from the jewelry industry, ensure continued demand. It has the highest electrical and thermal conductivity of any metal, making it invaluable to the electrical industry; additionally, it is used as a catalyst in chemical reactions. Forecasts suggest major demands on the silver market this year, which will drive prices up. Following the recent dramatic sell-off, silver was predicted to drop to $29 an ounce, but actually bottomed out at $32 and is now consolidating at over $35 an ounce. Taking a long-term view, a look at charts shows that, five years ago, silver was trading at just over $10 an ounce.

    The gold-silver ratio is currently around 42:1, which is to say that investors can buy 42 ounces of silver for the price of one ounce of gold, thus providing an accessible entry point into bullion investing.

    Pan American Metals of Miami (PAMM) trades in silver, gold, palladium and platinum. Under the excellent leadership of Bill Hionas, PAMM's team of seasoned brokers and traders are ready to offer clients the opportunity to purchase silver and other precious metals online, quickly and easily.

    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. 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

    ###
space
space
  • FB Icon Twitter Icon In-Icon
Contact Information