(1888PressRelease) January 11, 2012 - MIAMI, FL - Silver may be poised for a major rally; writing in his daily commentary, 'A Pfennig For Your Thoughts', Chuck Butler points out the interesting fact that, in 2011, sales of price of silver eagles in the US, and silver maple leafs in Canada, accounted for the total silver production from the mines of both nations. This being the case, then two interesting facts emerge. Firstly, price of silver bullion required for any other purposes would have to be imported. Since silver sees more than half its demand coming from the industrial sector, this would add up to a lot of imported silver and it would not be unreasonable to assume that this would force up the price. Secondly, it reinforces evidence that there is strong, ongoing, investment interest in price of silver bullion and coins.
Other market watchers suggest that silver may be poised to break out of its current downward trend, a trend that has continued since September, and that it could follow, or even overtake, gold in terms of making a significant rally. Some financial experts have already predicted that silver will retry previous record highs this year, possibly breaking through $50.
"Silver received far less media attention than gold during the latter half of 2011," says price of Bill Hionas, CEO of Pan American Metals of Miami. "However, while it does rely heavily on the strength of the industrial sector, silver differs from the other industrial metals since it also sees a greater level of investment demand. Known as 'poor man's gold', silver offers investors a more accessible entry point into the price of precious metals market and, like gold, silver bullion and coins can offer a safe haven for wealth protection."
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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
Move over, gold, silver is back in the spotlight. 
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