(1888PressRelease) December 23, 2011 - MIAMI, FL - Trading has been relatively subdued this week as the business world in the West starts winding down in anticipation of the Christmas and New Year holidays. Many fund managers have already squared their books for the end of the year. At this time, market analysts like to forecast what they think will happen to precious metals during 2012.
It is strongly rumored that the Federal Reserve will introduce some form of quantitative easing sometime in 2012. This could drive up the price of gold, as inflation would be a very likely result. On the other hand, the US economy has shown better-than-expected growth recently. A stronger US dollar will keep a cap on gold prices but a more optimistic outlook on the economy will also produce a 'risk-on' sentiment in the financial markets.
Palladium is likely to fare well during 2012. This metal has remained fairly stable during recent volatility; concerns over supply should serve to keep the price higher during the coming year, especially if a more buoyant economy boosts sales of new cars. Platinum has been trading at a level significantly lower than gold for some time now and one has to wonder how long this unusual state of affairs is likely to last. Its relatively cheaper price will make platinum more attractive to the jewelry industry, possibly increasing demand.
"Without a crystal ball, it is impossible to foretell exactly what will happen during 2012," says Bill Hionas of Pan American Metals of Miami. "For example, no one could have foreseen the devastating earthquake and tsunami that hit Japan in the spring, and the effects that had on the automotive industry. That said, it would certainly not be surprising if we saw gold prices at $2000 or higher at some point in the coming year."
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
Trading winds down as holidays approach. 
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