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Pan American Metals of Miami says Gold is Still Favored Despite A Disappointing Week

November 28, 2011 | Author: | Posted in BUSINESS

(1888PressRelease) Gold should see significant gains in 2012. MIAMI, FL -There is little doubt that this last week was not a good one for precious metals. Nevertheless, the long-term outlook remains favorable for many market experts. Gold lost $42 over the week, hardly inspiring faith from investors. However, a closer look at some of the …

Bill Hionas says European News Continues to Worsen

November 26, 2011 | Author: | Posted in BUSINESS

(1888PressRelease) Hungary and Portugal both suffer credit downgrades. MIAMI, FL, November 25, 2011, Europe was hit with more downgrades yesterday as Standard & Poor downgraded both Hungary and Portugal’s credit ratings to ‘junk’ level. Both Germany, yes Germany, and Italy suffered disastrous bond auctions in the last two days also. There were few buyers; Germany …

Bill Hionas says Debt Crises in Europe and US are as Much Political as Economic

November 26, 2011 | Author: | Posted in BUSINESS

(1888PressRelease) Europe continues to be the main focus for investors and financiers. MIAMI, FL – Suggestions abound that ’2012 will see the death of Europe’, or some similar dire forecast, making the financial markets extremely nervous, to say the least. Unfortunately, it seems this is as much a political crisis as an economic one. There …

Gold Gains in Europe as Physical Demand Increases says Bill Hionas

November 26, 2011 | Author: | Posted in BUSINESS

(1888PressRelease) Current prices offer perfect buying opportunity. MIAMI, FL, November 25, 2011, As gold prices were sliding, then edging back, in dollar terms, and the New York exchange was closed for Thanksgiving, gold actually gained in London due to increased physical demand at lower prices. Demand from Asia was also picking up. The ongoing crisis …

Gold and Silver Edge up Slightly on Demand from Bargain Hunters says Pan American Metals of Miami

November 25, 2011 | Author: | Posted in BUSINESS

(1888PressRelease) Gold and silver both edged up slightly today, based on buying by bargain hunters and a slightly weaker dollar. MIAMI, FL – Unlike gold, silver relies heavily on industrial use, making it dependent on the strength of the economy. Silver has the highest electrical conductivity of any element and the highest thermal conductivity of …