Pan American Metals of Miami says Gold's Continued Volatility Creates a Buying Opportunity

Pan American Metals of Miami says Gold's Continued Volatility Creates a
Buying Opportunity
(1888PressRelease) Gold continues on a roller-coaster ride.
(1888PressRelease) MIAMI, FL - Pan American Metals of Miami says Gold's Continued
Volatility Creates a Buying Opportunity Gold continues on a roller-coaster ride.

Gold continues its volatile roller-coaster ride today, making it seem perhaps, less of a safe haven.
However, investors should bear in mind that viable safe havens are disappearing fast. The Swiss
franc, long a favorite choice for investors, has allied itself to the euro. This has a two-pronged
effect on gold; on the one hand it basically removes those investors who were buying gold in one
- strong - currency and selling in another -weaker - one from the market, on the other it leaves
little out there as a true safe haven except for a weakening yen and precious metals bullion.

For investors looking for short-term profits, or simply wishing to increase their holdings in gold
bullion, the current dip presents a buying opportunity. Many experienced traders may be buying
in the dips and then taking profits when prices rise again, actions which help to control the
volatility to some degree; increased buying in dips adds support to the price and helps avoid
larger slides while profit-taking during peaks reduces the price again, resulting in pullbacks
following each noticeable rise.
"During the current volatility, it makes sense for investors to benefit from dips to add to their
holdings," says Bill Hionas of Pan American Metals of Miami. "Speculators may choose to take
profits on rises while those interested in the long-term will simply buy in dips and then hold."

The gold price was further impacted today, September 7, by the news that Germany will now
support a bailout for Greece. This removes one area of concern, at least for the time being,
making the need for a safe haven less urgent. Market analysts predict, however, that gold will
soon regain its appeal. It seems that prudent investors would indeed be well-advised to buy while
they can.

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

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