Pan American Metals of Miami Platinum and Palladium Also Rising Along With Gold and Silver

Palladium and platinum are also rising rapidly in value; along with their more newsworthy cousins, gold and silver.

2011-05-03

MIAMI, FL, May 03, 2011 (Press-News.org) Pan American Metals of Miami (PAMOM) states that, while gold and silver prices may have stolen headlines, all precious metals are seeing record-breaking prices. When markets closed in New York on Friday, April 29, palladium was at $796 an ounce while platinum closed at $1878, having reached a high of $1885 earlier in the day.

"There has been huge publicity about the meteoric rise of gold and silver," says Debbie Bailey of PAMOM, "but the fall of the dollar is pushing up prices for all precious metals. We are seeing record-breaking returns for palladium and platinum also."

Both metals have uses besides the jewelry industry; for example, both are used in the manufacture of catalytic converters for automobiles. The US mint will also be using palladium to produce American Eagle coins. The metal is also found in many electronic devices, including computers, cellphones and televisions. As has been the case with silver, the demands of industry also help to drive up the price of these arguably less well-known metals.

Pan American Metals can offer investors opportunities to possess palladium, platinum, silver and gold; purchasing is made easy and metals can be either delivered to the customer or kept in a repository for safe-keeping.

"Our firm enables savvy investors to expand their portfolios to include bullion holdings," says Bill Hionas, CEO of Pan American Metals. "Bullion holdings, due to their intrinsic value as a precious metal, provide a level of security not found in most other financial instruments." PAMOM offers investors both fully-funded and leveraged positions and opening an account is easy. There can be no doubt that all precious metals are the investment of choice, and are likely to remain so for the foreseeable future.

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. PAMOM provides an individual investment service and is based in Miami, Florida for convenient access to both North and South American investors.
Website: http://www.investpanam.com

Press Contact
Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC
Email: invest@investpanam.com
Website: http://www.investpanam.com

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Pan American Metals of Miami Platinum and Palladium Also Rising Along With Gold and Silver

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