The outlook for 2012 looks cautiously optimistic for precious metals following a disappointing final quarter in 2011.
(1888PressRelease) December 31, 2011 - MIAMI, FL - It is worth remembering that the final quarter of the year is often less than stellar, at least for gold bullion, and the gains made by gold over the year as a whole mean that it ends 2011 with another year of straight gains, continuing its 11-year bull run.
Economists feel a lot may depend on what happens to China's economy in the coming year. China has the world's largest economy and has been a major importer of gold. If there is a slowdown or reversal in China's economy then there could be a decrease in physical demand for gold. However, the political and economic uncertainty in both the US and Europe suggest the need for a safe haven, other than the US dollar. Gold has proven itself worthy of providing this insurance for investors, consistently providing a hedge against inflation and outperforming other assets during times of economic crisis.
"The debt debacles in Europe and the US have caused people to lose faith in fiat currencies," says Bill Hionas of Pan American Metals of Miami. "Gold bullion has an intrinsic value, it is portable and can be traded easily anywhere in the world, making it a perfect substitute for currencies."
Pan American Metals of Miami trades in precious metals bullion: gold, silver, platinum and palladium.
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
The outlook for 2012 looks cautiously optimistic for precious metals following a disappointing final quarter in 2011. 
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