The outlook for the precious metals market is very positive for the second half of 2011.
(1888PressRelease) July 08, 2011 - MIAMI, FL - The outlook for the second half of the year is positive for all the precious metals. Gold will continue to attract safe haven buying against the debt crisis in Greece and the debt ceiling issues in the US. Gold demand is global and there is reason to anticipate the yellow metal breaking through the $1600 barrier before the end of the year. Silver is also seeing gains due to safe haven buying; silver coin sales reached 22.3 million ounces during the first half of this year, a record-breaking high. Meanwhile, Japan's automotive industry is recovering, therefore increasing demand for platinum and palladium which are both used in the auto industry for the manufacture of catalytic converters. Analysts anticipate that platinum will resume an upward trend very soon.
Gold continues to be the number one choice for those investors concerned about the future of fiat currencies. Unlike currencies that are backed by governments, gold cannot be devalued; it is the ideal protection against inflation. Gold bars are often preferred by buyersdue to their high liquidity.
Silver coins have also seen great demand and small investors can afford to buy silver bullion more easily. There is also consistent industrial demand. At present silver is holding firm around $35.
Pan American Metals of Miami (PAMM) offers buyers the opportunity to buy physical bullion in gold, silver, platinum and palladium. Investors can obtain fully-funded or leveraged positions and can, if they so wish, take physical possession of their bullion once full payment has been received. PAMM has a team of experienced traders and brokers, led by Bill Hionas; the team has decades of shared experience and advice is tailored to the unique needs of each individual client.
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.
The outlook for the precious metals market is very positive for the second half of 2011. 
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