Investment group tracks average recovery rate for gold in similar circumstances.
(1888PressRelease) December 16, 2011 - MIAMI, FL - At the time of writing, panic selling is still dominating the market, although gold, battered but not bowed, is valiantly attempting a comeback. Gold has now moved below the 200-day moving average, a significant level for it to breach. Nevertheless, an interesting statistic was quoted in The Daily Gold Brief, reported by Alix Steel. Bespoke Investment Group pointed out that gold has moved below the 200-day moving average only six times since 1976. The average recovery for these six occurrences was as follows: gold rose (on average) 0.5% in the next week, 1.5% in the next month, 5% in the next three months, 9% in the next six months and over 21% in the next year.
The point, of course, is that gold bullion is best seen as a long-term investment and, as such, will reward those investors who hold on to their bullion. That said, increasing one's holdings at today's prices could lead to significant gains over the next year or two if historical trends repeat themselves.
"Prices this low obviously present a buying opportunity for savvy investors," says Bill Hionas of Pan American Metals of Miami. "The market is extremely nervous right now but prudent investors, realizing that gold provides insurance against both inflation and deflation, will resist the urge to sell. Fundamentals are supportive of a continuing bull market in the long term."
PAMOM's team of expert traders and investors is available to advise and assist clients wishing to purchase precious metals bullion. Both leveraged and fully funded positions are available.
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
Investment group tracks average recovery rate for gold in similar circumstances. 
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