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Bill Hionas says High Prices for the Platinum Group Metals Set to Continue for Next Decade
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(1888PressRelease) The CPM group has predicted 'historical' highs for PGMs for next ten years.
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Bill Hionas says High Prices for the Platinum Group Metals Set to Continue
for Next Decade
(1888PressRelease) The CPM group has predicted 'historical' highs for PGMs for next ten
years.
(1888PressRelease) MIAMI, FL - The platinum group metals are being predicted to reach, and
retain, historical highs for the next decade - quite a claim! The CPM group has released a long-
term outlook for platinum, palladium and rhodium.
Investment demand is expected to be a large growth factor for these metals in the next few years.
This is an area that has been growing over recent years and it is predicted that this growth will
continue. Demand from industry is also expected to remain strong, although this is obviously
more dependent on the strength of the economy since the majority of demand comes from the
automotive industry. The CPM group also predicts that a large part of the demand for the
platinum group metals will come from China, both from the auto sector and the jewelry
industry.
While demand is expected to remain high, supply is likely to encounter problems as wage
increases and a shortage of skilled labor may adversely affect the production of platinum in
South Africa, one of few worldwide sources of raw platinum ore.
"Safe haven demand for the platinum group metals has become a major driving factor for the
market," says Bill Hionas. "Investors see that all the precious metals can offer protection against
inflation or economic crises."
Bill Hionas runs Pan American Metals of Miami, a precious metal brokerage based in Miami,
which deals in gold, silver, platinum and palladium bullion. PAMM's expert advisers are
available to assist buyers with their bullion purchases, tailoring their advice to the specific needs
of each individual investor.
About Bill Hionas:
Bill Hionas is CEO of Pan American Metals of Miami, LLC, 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.billhionas.info; http://www.panamericanmetalsofmiami.com
Press Contact
Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC
Email: dbailey ( @ ) investpanam dot com
Website: http://www.billhionas.info; http://www.panamericanmetalsofmiami.com
Trackback URL:
http://www.1888pressrelease.com/bill-hionas-says-high-prices-for-the-platinum-group-metals-s-
pr-332379.html
###
for Next Decade
(1888PressRelease) The CPM group has predicted 'historical' highs for PGMs for next ten
years.
(1888PressRelease) MIAMI, FL - The platinum group metals are being predicted to reach, and
retain, historical highs for the next decade - quite a claim! The CPM group has released a long-
term outlook for platinum, palladium and rhodium.
Investment demand is expected to be a large growth factor for these metals in the next few years.
This is an area that has been growing over recent years and it is predicted that this growth will
continue. Demand from industry is also expected to remain strong, although this is obviously
more dependent on the strength of the economy since the majority of demand comes from the
automotive industry. The CPM group also predicts that a large part of the demand for the
platinum group metals will come from China, both from the auto sector and the jewelry
industry.
While demand is expected to remain high, supply is likely to encounter problems as wage
increases and a shortage of skilled labor may adversely affect the production of platinum in
South Africa, one of few worldwide sources of raw platinum ore.
"Safe haven demand for the platinum group metals has become a major driving factor for the
market," says Bill Hionas. "Investors see that all the precious metals can offer protection against
inflation or economic crises."
Bill Hionas runs Pan American Metals of Miami, a precious metal brokerage based in Miami,
which deals in gold, silver, platinum and palladium bullion. PAMM's expert advisers are
available to assist buyers with their bullion purchases, tailoring their advice to the specific needs
of each individual investor.
About Bill Hionas:
Bill Hionas is CEO of Pan American Metals of Miami, LLC, 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.billhionas.info; http://www.panamericanmetalsofmiami.com
Press Contact
Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC
Email: dbailey ( @ ) investpanam dot com
Website: http://www.billhionas.info; http://www.panamericanmetalsofmiami.com
Trackback URL:
http://www.1888pressrelease.com/bill-hionas-says-high-prices-for-the-platinum-group-metals-s-
pr-332379.html
###
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