Pan American Metals Reports Analysts Anticipating Renewed Upside for Silver

    MIAMI, FL, May 09, 2011 /24-7PressRelease/ -- Despite the fact that silver has made less than optimistic headlines over the last few days, analysts predict that, in the medium to long term, the metal will continue to rise in value. Silver trading has been volatile recently, but the underlying economic and political conditions, that have supported its meteoric rise, remain unchanged. Debt issues in the US and many European countries have not disappeared, and the US dollar remains weak, following a brief rebound in the wake of the news of Bin Laden's death. Inflation fears also remain high, indicating continued support for precious metals. Furthermore, silver is also underpinned by strong industrial demand; it is used in the manufacture of catalytic converters for automobiles and in electronics, as well as for jewelry-making and coin minting. Automobile sales figures are showing significant gains at present, particularly US auto companies such as Chrysler, Ford and GM, and this suggests increased demand for silver, along with other metals such as rhodium, platinum and palladium.

Debbie Bailey, executive administrator at Pan American Metals of Miami says, "Investors should always consider the long-term situation. As inflation worries continue, precious metals remain an excellent investment."

Many analysts are also pointing out that the current situation presents excellent buying opportunities for investors in precious metals, silver, in particular. Historically, May has been a month when the precious metals market is at its lowest, presenting both potential and existing investors with opportunities to buy.

Pan American Metals' clients can buy physical holdings in bullion, in metals that have stood the test of time. Pan American Metals trades in silver, gold, palladium and platinum. Ore deposits of palladium are extremely rare, ensuring that demand is likely to outstrip supply.

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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