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Surprise Move by Central Banks Boosts Gold says Pan American Metals of Miami

December 1, 2011 | Author: | Posted in BUSINESS

(1888PressRelease) Five central banks join with Federal Reserve to reduce interest rates. MIAMI, FL – News broke this morning of a concerted move by five major central banks plus the Federal Reserve to reduce the cost of borrowing dollars. The Bank of England, Bank of Canada, Bank of Japan, Bank of Switzerland, the European Central …

Pan American Metals of Miami says Gold and Silver Still Strongly Supported as Safe Havens

November 30, 2011 | Author: | Posted in BUSINESS

(1888PressRelease) Silver could take off in the near future. MIAMI, FL – Throughout history, people have accrued gold and silver as the surest form of wealth, and gold and silver bullion and coins have acted in the role of safe haven, successfully, for decades now. Yet a recent slide in prices has cast doubt on …

Pan American Metals Of Miami Says Future Looks Bright If Gold Can Hold On To Current Gains

November 30, 2011 | Author: | Posted in BUSINESS

(1888PressRelease) Suggestions of further quantitative easing are supportive of gold. MIAMI, FL – Today saw the strongest hints yet that the Federal Reserve might consider further easing sooner rather than later. Meanwhile, European leaders are meeting in Brussels to decide on the next course of action to solve the escalating crisis in the euro zone. …

Gold Still Struggling To Behave As A Safe Haven Says Pan American Metals Of Miami

November 30, 2011 | Author: | Posted in BUSINESS

(1888PressRelease) Gold finally sees safe-haven demand returning. MIAMI, FL – It seems we are finally seeing some safe-haven demand for gold bullion and coins, even though the price remains relatively low. Gold has decreased in price recently as it has been behaving like a risk asset and moved in tandem with the economic news, the …

Pan American Metals Of Miami Says Gold Still Behaving Uncharacteristically But Trading Solidly Higher

November 29, 2011 | Author: | Posted in BUSINESS

(1888PressRelease) Gold moves to $1715 on renewed hope for Europe, bargain buying and increased physical demand. MIAMI, FL – Gold is still acting more like a risky asset than a safe haven, rebounding strongly today on the hope of a possible solution that would at least ameliorate the crisis in Europe. Traditionally, we would expect …