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Pan American Metals Of Miami Reports Medium-term Outlook for Precious Metals Still Favorable

Top Quote Market analysts report that a balance in different factors affecting the precious metals market is tipped in favor of a continued upward trend. End Quote
  • (1888PressRelease) June 27, 2011 - MIAMI, FL - The medium-term outlook for all the precious metals continues to be favorable, according to market analysts, who suggest that different market conditions are balancing each other out, resulting in support for precious metals bullion.

    Barclays Capital stated, June 24, that they "remain constructive" on gold for the next few months, mainly due to an anticipated rise in inflation. Even if gold were to slip further, which is not thought likely, it would still be in an upward trend, when considering prices over the last two or three years.

    As far as the platinum group metals are concerned, the situation also seems balanced. On the one hand there is slightly reduced demand from the automotive industry but, on the other hand, there is uncertainty concerning supplies from South Africa, tipping the balance into a situation that should support a rise in price for platinum and palladium. Again, Barclays Capital said they "remain constructive" on these metals.

    Silver is also set to benefit from the supply and demand ratio. Demand remains strong due to silver's use in a wide variety of industries, while there are fears that supplies may be running low.

    "Savvy investors will be taking advantage of the temporary dip in prices to increase their physical bullion holdings," says Bill Hionas of Pan American Metals of Miami (PAMM). "Now is an excellent time to buy, while those who are already invested in the market should hold on to their precious metals. The medium- to long-term trend is still upward."

    PAMM offers investors opportunities to buy physical holdings in gold, silver, platinum and palladium. Its team of seasoned brokers offers advice that is uniquely tailored to each client's needs.

    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

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