Pan American Metals of Miami says All Precious Metals Slated to See Significant Gains in New Year

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Pan American Metals of Miami says All Precious
Metals Slated to See Significant Gains in New Year
(1888PressRelease) Indian festival season should
help boost gold prices and increased activity in
the automotive industry looks hopeful for
platinum and palladium. MIAMI, FL - Gold's
recovery could be further advanced towards the
end of October as the Indian festival season
increases demand. Traditionally, October is a
slow month for gold and a week-long national
holiday in China at the beginning of the month
will mean less demand from that nation. However
it is likely that demand will pick up as the
month goes on and India's festival season begins.
Palladium and platinum sustained minor losses
today but there is good news for the platinum
group metals as Toyota announced increased
output, meaning increased demand for PGMs, which
are used in the manufacture of catalytic
converters. Platinum is still being forecast to
reach up to 2500 next year with palladium
possibly moving even faster and achieving 1000
an ounce. These two metals may well be the ones
for investors to watch in the coming months.
"Platinum and palladium may offer the best
long-term returns at the moment," says Bill
Hionas of Pan American Metals of Miami. "Prices
are at an unprecedented low and palladium and
platinum bullion should be snapped up by bargain
seekers." All the precious metals are being
offered at bargain-basement prices just now, at
least relative to their earlier highs. Savvy
investors will be using this opportunity to
increase their exposure in precious metals
bullion and should see significant profits in the
early part of next year if they do so
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Pan American Metals of Miami trades in gold,
silver, platinum and palladium clients may
choose to take physical possession of their
bullion once full payment has been received.
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.panamerica
nmetalsofmiami.com Press Contact Debbie
Bailey Executive Administrator Pan American
Metals of Miami, LLC Email dbailey ( _at_ )
investpanam dot com Website http//www.panameric
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