Gold gets the headlines but palladium is outperforming the other metals.
(1888PressRelease) December 26, 2011 - MIAMI, FL - Gold has fallen, rebounded, picked itself up, dusted itself off and started all over again; not only has it done this, but it has done so in the full glare of media attention. More market analysts and financial commentators have written about the price of gold, and which way gold will move next than have likely commented on the latest celebrity scandals. Meanwhile, without any fuss and barely a mention in the media, palladium has been making its way quietly upward.
When other precious metals were in free fall, palladium slid just a little and quickly recovered. Since then it has continued its upward journey. Yet media focus has remained on gold, and - very occasionally - on silver or platinum, paying no attention to poor old palladium, valiantly doing its bit for the precious metals in relative obscurity.
"We have mentioned palladium a couple of times as the metal to watch," says Bill Hionas of Pan American Metals of Miami. "This is mainly due to the problems we anticipate with supply in the coming months. Rumor has it that Russia's stockpiles are nearly exhausted; palladium ore is extremely rare and found mainly in Russia, South Africa and Canada. Demand for the metal is likely to remain strong as long as the automotive industry is healthy. Palladium rose sharply today on news of a fall in the unemployment rate in the US."
Palladium closed today at $656, $24 up on the previous day. Apparently not all investors are focused solely on gold!
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
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Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC
Email: dbailey ( @ ) investpanam dot com
Website: http://www.panamericanmetalsofmiami.com
Gold gets the headlines but palladium is outperforming the other metals. 
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