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Pan American Metals of Miami Cautions Investors Not to Forget About Silver

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(1888PressRelease) Silver is out of the limelight but remains an attractive investment.
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  • Added: September, 15th 2011
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Pan American Metals of Miami Cautions Investors Not to Forget About
Silver
(1888PressRelease) Silver is out of the limelight but remains an attractive investment.
(1888PressRelease) MIAMI, FL - Remember silver? That was the metal everyone was
talking about earlier in the year. Just as the media focus is now almost exclusively on
gold, back then it was on silver. Silver was skyrocketing; everyone should jump on the
bandwagon before it was too late; silver would reach $50, then $60 or even $100. And
silver did not disappoint, for a long while. Then silver slid quite drastically and almost
as quickly slipped right off the media's radar. However, silver rebounded and has been
quietly, but relatively firmly, holding its ground for a good while now.

Is silver still a good investment? Undoubtedly. In fact, anyone who bought silver
bullion at any point prior to its last dramatic rise - and fall - should still have made a
fair profit. Silver looks to be holding firm at just above $40 an ounce. Even a small drop
in the price of silver was enough to bring out the bargain hunters in force, resulting in a
rise of 1.26% yesterday, September 13. This eagerness to buy also supports a positive
long-term outlook for silver prices.

While silver shares some of gold's safe haven attraction, it also sees a large amount of its
demand coming from industry. This two-pronged demand helps to keep silver stable;
indeed it is not showing the same volatility as gold at the present time. As 'poor man's
gold' it provides an attractive and accessible entry point into the precious metals bullion
market and offers similar protection from inflation and other economic concerns. Yet,
when the economy strengthens and there is growth in the industrial sector, which
might not be so favorable for gold, silver still gains since demand from industry
increases.

Pan American Metals of Miami, located in Miami Beach, deals in silver, gold, platinum
and palladium bullion. Bill Hionas leads a team of seasoned investors, traders and
brokers that is available to assist buyers with their bullion purchases.

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.

Press Contact
Debbie Bailey
Executive Administrator

Pan American Metals of Miami, LLC
Email: dbailey ( @ ) investpanam dot com
Website: http://www.panamericanmetalsofmiami.com
Trackback URL:
http://www.1888pressrelease.com/pan-american-metals-of-miami-cautions-investors-
not-to-forge-pr-334917.html
###

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