slide1
Download
Skip this Video
Download Presentation
pan american metals of miami says gold on its way back as ba

Loading in 2 Seconds...

play fullscreen
1 / 2

pan american metals of miami says gold on its way back as ba - PowerPoint PPT Presentation


  • 163 Views
  • Uploaded on

(1888PressRelease) Gold is already starting to bounce back after last week's losses.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'pan american metals of miami says gold on its way back as ba' - donaldhood


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

Pan American Metals of Miami says Gold on its Way Back as Bargain Hunters Start Buying

(1888PressRelease) Gold is already starting to bounce back after last week\'s losses.

MIAMI, FL - At the time of writing, we are already seeing gold start to rebound from last week\'s devastating slide. Ironically, gold may be the victim of its continued success. As every commodity and asset tumbled, gold was the last to go; if investors need to liquidate then the best-performing assets are the ones to choose first, so gold experienced a considerable sell off. It may well be the very same investors who then turn round and buy back their gold at bargain-basement prices. Certainly the current rally is largely based on buying from bargain hunters.

On the other hand, yesterday, September 26, saw one of the wildest days on the markets since 2008. Not surprisingly this kind of activity leaves investors feeling skittish; many may be waiting on the sidelines to see which way the wind blows before jumping back in.

"There is some concern as to whether gold still represents a safe haven, in light of recent losses," says Bill Hionas of Pan American Metals of Miami. "Investors are understandably nervous, but need to bear in mind that, had gold not previously performed so well, it would not have been seen as the first asset to sell once there was a perceived need for cash."

As concern continues regarding the economic crisis in Europe, the euro also slid strongly against the dollar, leaving the US currency looking very attractive. However, given the lack of confidence voiced by the Federal Reserve in the US economy, one wonders how long the dollar will hold on to its current appeal. As the dollar drops we will see gold begin to shine again.

slide2

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. 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/pan-american-metals-of-miami-says-gold-on-its-way-back-as-ba-pr-338420.html

ad