White Metals Largely Overlooked; Still Looking Positive For 2012 Says Pan American Metals Of Miami

(1888PressRelease) White metals are definitely worth investors' interest.

MIAMI, FL - With the media's attention firmly fixed on gold, and that metal's reaction to the ongoing crisis in Europe, other precious metals have tended to be ignored.

The white metals have not fared much better than gold in the past couple of weeks. Silver was down $1.15 on the week, seeing negligible investment interest.

Nevertheless, silver has showed gains over the year as a whole. When we see gold pick up, as the European situation either resolves itself or significantly worsens, then silver may well get taken along for the ride, based on safe-haven demand. As far as investment demand is concerned, the same factors that will drive gold will also drive silver: economic uncertainty, disappointing growth figures in the US and an upcoming presidential election.

Platinum and palladium also saw losses this week; these were likely sufficient to prompt some buying from bargain hunters and may well represent a viable bargain. Both metals are forecast to see increased demand in 2012 and there are production concerns due to labor costs and diminishing supplies from Russia.

"This may be a good time to pick up bargains in the white metals," says Bill Hionas of Pan American Metals of Miami. "Platinum is still seriously discounted to gold. Demand from the automotive industry is still healthy, which will support physical demand for both platinum and palladium."

PAMOM's team of expert investors and traders is available to advise clients on their precious metals bullion purchases.

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

Source:

http://www.1888pressrelease.com/white-metals-largely-overlooked-still-looking-positive-for-pr-353566.html

by: Donald Hood

POST COMMENT

Pan American Metals Of Miami Says Gold Should Still Represent A Bargain Below $1700 Gold Stages Comeback On Weaker Dollar Says Pan American Metals Of Miami Taste The Sultry Latin American Flavour With Flights To Miami Gold Still Struggling To Behave As A Safe Haven Says Pan American Metals Of Miami Pan American Metals Of Miami Says Future Looks Bright If Gold Can Hold On To Current Gains The Inside Scoop On Miami Recruiting Firms Why You Need A Divorce Lawyer In Miami Pan American Metals Of Miami Says Concerns Over Europe Remain Despite Action By Central Banks Surprise Move By Central Banks Boosts Gold Says Pan American Metals Of Miami Pan American Metals Of Miami Says Gold Reaches High Of $1752 On Coordinated Bank Action The Flower Shop In Miami: Where All Of Life's Crossroads Meet Miami Breakout Artist Two Side Poleon Heads To Anchorage Alaska Pan American Metals Of Miami Says Gold Has Consolidated Gains Following Action By Central Banks