Precious Metals all Show Gains; Palladium Could be the One to Watch says Pan American Metals of Miami

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Precious Metals all Show Gains Palladium Could
be the One to Watch says Pan American Metals of
Miami
(1888PressRelease)All precious metals have risen
strongly this week. MIAMI, FL - Pan American
Metals of Miami reported gains on all four
precious metals today, November 8, with gold
approaching 1800 and silver over 35, while
platinum and palladium gained 10 and 13
respectively. While gold and silver gained on
safe-haven demand due to the ongoing crisis in
the European Union, palladium actually made the
greater gains today, percentage wise. Increasing
car sales mean increased demand for palladium at
the same time as Russia is casting doubts on the
reliability of future supplies. This is a
combination that is obviously inclined to push up
the price of palladium. Rumor has it that
Russia's stockpile of palladium may be running
out very shortly, causing palladium to be in
deficit. "Gold and silver tend to dominate
media attention but investors should take a
serious look at platinum and palladium in terms
of future gains," says Bill Hionas of Pan
American Metals of Miami. "The economics of
supply and demand are definitely working in favor
of palladium at the present time." Both platinum
and palladium are widely used in the automotive
industry where their unique properties make them
ideal for the manufacture of catalytic
converters. With China publishing increased sales
figures for both GM and Toyota, future demand
seems ensured.
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Investors looking to diversify into precious
metals bullion should contact the team of expert
traders and investors at Pan American Metals of
Miami, ably led by Bill Hionas. PAMOM's team
offers advice that is tailored to the specific
needs of each unique investor team members only
suggest positions they would be comfortable
holding themselves. About us Pan American
Metals of Miami, LLC is a group of traders,
investors and account executives that combines
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.panameric
anmetalsofmiami.com Press Contact Debbie
Bailey Executive Administrator Pan American
Metals of Miami, LLC Email dbailey ( _at_ )
investpanam dot com Website http//www.panamerica
nmetalsofmiami.com Source http//www.1888pressre
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-could-be-the-one-t-pr-349044.html