MIAMI, FL, April 27, 2011 /24-7PressRelease/ -- Market analysts predict a continued rise in gold and silver values over the next couple of weeks. Silver is anticipated to continue its explosive rise to reach $50 an ounce, with gold prices edging towards $1540. On April 25, CNN reported, "$50 milestone [for silver] coming any day now." Gold is also maintaining record-breaking highs, reaching $1519.20 in mid-day trading on Monday. Speculation encourages the present bullish trend in the precious metals market as gold and silver futures also head upwards. "Investors can continue to trust the precious metals market," says Bill Hionas, CEO of Pan American Metals, "the prediction is that silver will push through the $50 benchmark any day now and gold will continue to rise."
Pan American Metals of Miami (PAMOM) deals in gold, silver, platinum and palladium. Based in Miami Beach, PAMOM is ideally located for global investors and traders. Savvy investors are racing to add precious metals to their portfolios; while all metals are performing well, it is the meteoric rise in gold and silver that has attracted headlines. Gold is remaining above the psychological barrier of $1500 while silver edges ever closer to $50. Analysts are suggesting that $1700 an ounce for gold and $75 an ounce for silver are realistic expectations within the year. Says Debbie Bailey of PAMOM, "Our clients are extremely happy at the moment, precious metals are set to continue as the wise choice for investors at a time when currencies are falling and there are real fears of inflation. Sitting on cash, while the dollar falls, just doesn't make sense."
About us:
Pan American Metals of Miami, LLC is a group of traders, investors and brokers who combine many years of experience to help clients invest in bullion. PAMOM provides an individual investment service and is based in Miami, Florida for convenient access to both North and South American investors.
Website: http://www.investpanam.com
Press Contact
Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC
Email: [email protected]
Website: http://www.investpanam.com
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