Priced under the 200-day moving average, gold offers an excellent buying opportunity for prudent investors.
(1888PressRelease) December 23, 2011 - MIAMI, FL - Today's ECB action, more 'generous' than anticipated, means that the European Central Bank has become a lender of last resort, in all but name. It remains to be seen whether this influx of cheap money into the system will trigger inflation in Europe. However, in the US, job figures and growth figures have both been more encouraging of late, making the Federal Reserve less likely to fire up the printing presses and introduce QE3. Nevertheless, this is definitely something that Chairman Ben Bernanke is keeping up his sleeve. Considering the massive nature of the US budget deficit, a deficit that has been added to at an unprecedented rate for the last couple of months, it is likely that Mr Bernanke will be left with little alternative. It is difficult to see where the money to pay back the US debt could possibly come from, otherwise.
"If there is a massive injection of money into the system, then inflation is a likely result and gold bullion will provide prudent investors with a vital hedge," says Bill Hionas of Pan American Metals of Miami. "Gold has provided a hedge against inflation, or deflation, for decades; its intrinsic value cannot be debased like that of paper currencies, you cannot print more gold. If we see further inflationary measures, then gold at today's prices will offer a real bargain."
Pan American Metals of Miami offers clients the opportunity to buy precious metals bullion: gold, silver, platinum and palladium. Both fully funded and leveraged positions are available.
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
Priced under the 200-day moving average, gold offers an excellent buying opportunity for prudent investors. 
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