Pan American Metals Of Miami Says Silver Is An Attractive Investment As Gold To Silver Ratio Declines

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Pan American Metals Of Miami Says Silver Is An
Attractive Investment As Gold To Silver Ratio
Declines
(1888PressRelease) A declining gold / silver
ratio makes silver an attractive buy. MIAMI, FL
- As physical demand for gold remains high,
especially from India with the approach of
Diwali, silver is also looking attractive. The
gold / silver ratio is declining, making silver
arguably a more attractive buy at present. In the
early part of 2011, silver markedly outperformed
gold, on safe-haven and industrial demand. The
gold / silver ratio declined from January, though
it has recently increased again, currently
averaging around 50. Even though this is higher
than earlier in the year, it is a marked decrease
on the ratio last year, which averaged around
70. For buyers in India, gold is the preferred
metal, especially as we approach Diwali and a
major wedding season. Gold, gold jewelry and gold
ornaments are all popular gifts at this time.
However, silver offers a more accessible price
point, both for jewelry and as a safe haven.
Silver prices today, October 14, were up 47 cents
at 32.12. "Investors have been wary of silver
since the spring," says Bill Hionas, CEO of Pan
American Metals of Miami. "However, silver has
stayed firmly over 30 an ounce for some time
now. Silver benefits from both safe-haven and
industrial demand and offers investors a more
attractive price point for entry into the
precious metals bullion market." Pan American
Metals of Miami trades in precious metals
bullion gold, silver, platinum and palladium.
Clients interested in taking a position in silver
can get advice from PAMOM's team of expert
traders and investors. PAMOM's team offers advice
that is tailored to the specific needs of each
individual client. About us
Pan American Metals of Miami, LLC is a group of
traders, investors and account executives that
combines
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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.panamericanmetalsofmiami.c
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