(1888PressRelease) January 06, 2012 - MIAMI, FL - While many investors lost faith in silver after its fall last spring, the white metal is definitely worthy of attention. Silver has actually experienced tremendous gains over the last decade and offers good potential returns as a long-term investment. Volatility in the market has frightened some investors away but looking at silver's performance over several years, it shows a creditable return. Silver's average price last year was $14 higher than in 2010, according to the Silver Institute. In the last ten years, silver has increased by over 700%; it has tripled in the last three years.
While silver has seen considerable investment demand, it also benefits from industrial demand, which is not particularly price sensitive. Silver's unique chemical properties give it a wide range of utility. It is used in electric contacts and conductors, as a catalyst in chemical reactions, as a natural micro-biocide, and in high-end audio equipment.
As 'poor man's gold', silver also offers a more accessible entry point to the precious metals market for many investors. Like gold, silver has served as money for centuries and many investors choose silver coins or bullion for protection against inflation. The US mint sold a staggering 3.2 million silver eagles on the first day of trading in 2012, an increase of 88% on the previous year.
"Those investors who are more interested in the long term, silver can be an excellent choice," says Bill Hionas of Pan American Metals of Miami. "Both bullion and coins are recommended."
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
Price of silver has tripled in last three years. 
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