Pan American Metals of Miami Palladium No Longer a 'Poor Relation' Pan American Metals of Miami

Pan American Metals of Miami explains why palladium could be the metal of choice for investors Pan American Metals of Miami

2011-05-10

MIAMI, FL, May 10, 2011 (Press-News.org) With the eyes of the financial world firmly fixed on gold and silver, palladium has been, somewhat unfairly, a little ignored. Yet market analysts offer very promising predictions for this less-popular metal. The secret is simple; palladium is in short supply and demand is considerable. London-based GFMS, arguably the world's foremost precious metals consultancy, is predicting $975 for palladium by the end of the year. To put this in context, Pan American Metals of Miami (PAMOM) is currently showing palladium at $712, offering investors a chance to see possible profits by year end of up to 35%.

"There is an excellent buying opportunity at the moment for investors looking to increase holdings of palladium," says Debbie Bailey, executive administrator at PAMOM Pan American Metals of Miami. "The rule of supply and demand suggests a very favorable outlook for this metal in the coming months."

2010 saw palladium with a supply deficit of over 550,000 ounces as demand, mainly from the auto industry, rose by over 30%. The automotive industry in China is also forecast to provide strong support for palladium prices. In a recent press release, Philip Klapwijk, chairman of GFMS, pointed out that it was not simply a matter of supply and demand but that investor interest was also critical. While silver, gold and platinum have all shown some volatility in the markets, palladium has been holding relatively steady. Ignoring short-term dips, palladium is currently worth at least 50% more than this time last year, a good return on investment by any standards.

There continues to be strong investor interest in the precious metals market as US debt continues to grow and fears of inflation and the possible collapse of the US dollar remain a high concern. Pan American Metals trades in palladium, as well as gold, silver and platinum. Investors can take advantage of PAMOM's team of seasoned brokers and traders to protect their portfolios.

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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