Pan American Metals of Miami says Gold and Silver Rallying, Platinum may be a Bargain
Download
1 / 2

pan american metals of miami says gold and silver rallying, - PowerPoint PPT Presentation


  • 191 Views
  • Uploaded on

(1888PressRelease) As gold rebounds strongly, platinum to gold ratio falls further.

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 and silver rallying, ' - guest21945


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 l.jpg

Pan American Metals of Miami says Gold and Silver Rallying, Platinum may be a Bargain

(1888PressRelease) As gold rebounds strongly, platinum to gold ratio falls further.

MIAMI, FL - It is possible that the recent rally in gold may be further encouraged as President Obama proposes new tax legislation that would ensure the wealthy paid higher taxes. This is a move that would likely be supportive of gold, as historically higher taxes for wealthier citizens have led to a bull market for gold bullion. Gold rallied overnight based on bargain hunting, and is now trading in the mid-$1600s.

Platinum has not shared in gold's good fortune, with the gold/platinum ratio falling again. Looking at historical prices for precious metals bullion, it is very unusual for gold to be trading higher than platinum and the ratio has not been this low since January 1992. This may mean that platinum also attracts bargain hunters. Any investors who have been waiting for dips to buy gold may want to look at platinum also. Platinum is 30 times rarer than gold and is supported by both investment and industrial demand; it is traditionally considered more valuable than gold and it is extremely unlikely that it will remain priced below gold for very long.

Silver, on the other hand, has rebounded along with gold; both metals have seen the biggest rise in price since March 2009. Silver tends to benefit more from investment demand than the platinum group metals due to its role as 'poor-man's gold'. Additionally as stocks also rally and optimism begins to return, silver is likely to benefit from increased industrial demand.

"Investors looking for bargains would be well advised to buy now," says Bill Hionas of Pan American Metals of Miami. "The market is rebounding strongly and these lower prices will not last long."


Slide2 l.jpg

About us: Platinum may be a Bargain

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-and-silver-rallying-pr-338427.html