All precious metals have risen strongly this week.
(1888PressRelease) November 09, 2011 - MIAMI, FL - Pan American Metals of Miami reported gains on all four precious metals today, November 8, with gold approaching $1800 and silver over $35, while platinum and palladium gained $10 and $13 respectively.
While gold and silver gained on safe-haven demand due to the ongoing crisis in the European Union, palladium actually made the greater gains today, percentage wise. Increasing car sales mean increased demand for palladium at the same time as Russia is casting doubts on the reliability of future supplies. This is a combination that is obviously inclined to push up the price of palladium. Rumor has it that Russia's stockpile of palladium may be running out very shortly, causing palladium to be in deficit.
"Gold and silver tend to dominate media attention but investors should take a serious look at platinum and palladium in terms of future gains," says Bill Hionas of Pan American Metals of Miami. "The economics of supply and demand are definitely working in favor of palladium at the present time."
Both platinum and palladium are widely used in the automotive industry where their unique properties make them ideal for the manufacture of catalytic converters. With China publishing increased sales figures for both GM and Toyota, future demand seems ensured.
Investors looking to diversify into precious metals bullion should contact the team of expert traders and investors at Pan American Metals of Miami, ably led by Bill Hionas. PAMOM's team offers advice that is tailored to the specific needs of each unique investor; team members only suggest positions they would be comfortable holding themselves.
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.
Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC
Email: dbailey ( @ ) investpanam dot com
Website: http://www.panamericanmetalsofmiami.com
All precious metals have risen strongly this week. 
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