MIAMI, FL, July 25, 2011 (Press-News.org) There may be no target too high for silver to reach in coming months. Investors were captivated by silver earlier this year, only to grow cautious following its rather spectacular drop in May. Silver tends to attract a fair share of safe haven buying, causing it to rise alongside gold in the wake of economic crises on both sides of the Atlantic. Some analysts are now going out on a limb and suggesting future prices well over $100 for the white metal.
Silver has always been more volatile than gold, which may have scared off some investors, but the outlook appears to be very positive. Eric Sprott of Sprott Asset Management called it "the investment of the decade". Demand for silver is continuing to rise, especially from the technological industries, where it is being used in cell phones and computers; meanwhile supplies have been unreliable. Additionally, the gold to silver ratio is decreasing.
Many analysts are predicting $50 an ounce, but some are going far higher with their forecasts. Citigroup Group Markets suggests that silver could reach $100, comparing the present situation with silver's earlier run in the 1970s. Some analysts suggest a long-term target as high as $140.
"Silver is an excellent entry point into the world of bullion investing," says Bill Hionas of Pan American Metals of Miami. "It enjoys considerable demand from a wide range of industries while also attracting safe haven buying."
Pan American Metals of Miami was showing silver at $40.09 on Friday afternoon. PAMM has a team of seasoned brokers available to assist buyers wishing to take a position in silver.
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. 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.panamericanmetalsofmiami.com
Press Contact
Debbie Bailey
Executive Administrator
Pan American Metals of Miami, LLC
Email: dbailey@investpanam.com
Website: http://www.panamericanmetalsofmiami.com
Pan American Metals of Miami Says Silver Outlook Very Positive
Investors were captivated by silver earlier this year, only to grow cautious following its rather spectacular drop in May. Silver tends to attract a fair share of safe haven
2011-07-25
ELSE PRESS RELEASES FROM THIS DATE:
Dahlin Group Architecture Planning Opens Shanghai Office, Names Thomas Johnson Director of Development
2011-07-25
Dahlin Group Architecture Planning has named Thomas Johnson Director of Development, and has opened a new office in Shanghai, China. Dahlin Group founder and President Doug Dahlin said both moves reflect the firm's expanding presence in Asian markets, begun more than a decade ago in Beijing.
"Shanghai is the hub of design and planning for major residential, resort, retail and commercial development in China, Singapore, India and other rising world economies," said Dahlin. "With our Beijing and Hangzhou offices, the Shanghai office adds significant capacity ...
Shea Homes Features Premium Move-In Ready Homes At Village of Questa at Mountain House, The Popular New Town East of Livermore
2011-07-25
Area home shoppers heading for the Village of Questa at Mountain House can take advantage of a special, limited time opportunity from Shea Homes, which has three move-in ready homes available, each with graciously large living spaces and included upgrades. "In just 4 weeks, 20 new homes have sold in the Village of Questa," said Beth Bates, sales director for Shea Homes. "Immediate action is the action to take to secure one of these three amazing move-in ready homes!"
Campania's Naples design (Plan One on Lot 61) is $385,469, has 2,965 square feet ...
New Website Showcases RB Design & Display's Cutting Edge Exhibition Stands
2011-07-25
Exhibition stand contractor RB Design & Display has announced the launch of their new website. The company provides a range of services for display marketing which include consultation and design right through to installation and optional storage. Their new website showcases work which they have completed as well as details regarding the services which RB Design & Display can supply.
Visitors to the new site will benefit from the improved usability and fresh design, reflecting RB Design & Display's cutting edge exhibition stands and their versatility. The ...
The Houston Janitorial Service-Profit Chain
2011-07-25
Houston Janitorial Services is a local process-driven commercial cleaning company that values the service-profit chain phenomenon and strives to continuously improve its processes in order to provide its customers with the most innovative, versatile services in the industry. To remain the best commercial cleaning company in the Houston region, Houston Janitorial Services utilize extra processes such as continuing education programs and training for employees, quality control programs, valuable relationships with leading suppliers, and high standards. They are Houston's ...
AspectDesign, a Website Design Services Firm in Texas, Launches New Website
2011-07-25
AspectDesign, a website design company that focuses on straight-commission website design and flat-fee business website design services, has just launched a new website at www.aspectdesign.com. Featuring a crisp new design, the website describes the company's services, presents samples of their work and includes a search box.
Along with the fresh website design, the company is redesigning itself. It is concentrating on unique, creative designs for mid-sized businesses that desire to develop a strong digital brand. Using the customer's existing website and branding as ...
Search Engine Visitors Receive Free Spins from Online Casino
2011-07-25
Search engine users who enjoy playing casino games online have been given a rewarding boost by Vegas Palms Online Casino who are offering players 60 free spins on a slot game.
New players to the casino are already given a 200% match bonus of up to EUR100 free on a deposit of EUR50 as well as a 10% first deposit bonus using certain banking methods. The casino has now also made it more rewarding for players who visit the website through search engines such as Google.
After the successful registration of an account and the downloading of the casino software, players ...
Liberty Mutual Invitational Charity Golf Tournament Benefiting Forgotten Angels, October 17, 2011 in Pearland, TX
2011-07-25
The Liberty Mutual Invitational Golf Tournament benefiting Forgotten Angels will be held on October 17, 2011 at Golfcrest Country Club in Pearland, TX. E-Z Line Pipe Support, LLC, is hosting the event. Forgotten Angles is a Pearland-based non-profit that provides quality care in safe home environments to children and adults living with developmental disabilities.
The Liberty Mutual Invitational Charity Golf Tournament is presented by Nike Golf, Polaroid, Sports Vision Eyewear and Golf Digest. Companies or individuals interested in becoming a local sponsor should contact ...
Lawyer TV Advertising Made Simple - LawyersOnTV.com Launches New Television Advertising Solutions for Attorneys
2011-07-25
Lawyers traditionally have been cautious about television advertising, looking to preserve a dignified and professional tone. Now, attaining that professional tone within a precisely crafted television message is easy and inexpensive with LawyersOnTV.com, the newly enhanced, discount priced service for attorney and legal services advertising.
Attorney advertising has evolved tremendously in recent years. As always, legal advertising must adhere to state and federal guidelines for content and disclosure. Law firm ads, meanwhile, have become mainstream. Now, legal firm ...
Mail-order pharmacy for new statin prescriptions achieve better cholesterol control
2011-07-25
OAKLAND, Calif. – Kaiser Permanente Northern California patients who obtained new statin prescriptions via a mail-order pharmacy achieved better cholesterol control in the first 3-15 months following the initiation of therapy -- compared to those patients who only obtained their statin prescription from their local Kaiser Permanente Northern California pharmacy.
Greater adjusted rates of LDL-C control in mail-order pharmacy users were seen across all gender and race-ethnicity groups, according to the study that appears in the current online issue of the Journal of General ...
Harvard bioengineers identify the cellular mechanisms of traumatic brain injury
2011-07-25
Cambridge, Mass. – July 22, 2011 – Bioengineers at Harvard have identified, for the very first time, the mechanism for diffuse axonal injury and explained why cerebral vasospasm is more common in blast-induced brain injuries than in brain injuries typically suffered by civilians.
The research addresses two major aspects of traumatic brain injury (TBI), with significant implications for the medical treatment of soldiers wounded by explosions.
Two papers, published in the journals Proceedings of the National Academy of Sciences (PNAS) and PLoS One, provide the most comprehensive ...
LAST 30 PRESS RELEASES:
A new CNIC study describes a mechanism whereby cells respond to mechanical signals from their surroundings
Study uncovers earliest evidence of humans using fire to shape the landscape of Tasmania
Researchers uncover Achilles heel of antibiotic-resistant bacteria
Scientists uncover earliest evidence of fire use to manage Tasmanian landscape
Interpreting population mean treatment effects in the Kansas City Cardiomyopathy Questionnaire
Targeting carbohydrate metabolism in colorectal cancer: Synergy of therapies
Stress makes mice’s memories less specific
Research finds no significant negative impact of repealing a Depression-era law allowing companies to pay workers with disabilities below minimum wage
Resilience index needed to keep us within planet’s ‘safe operating space’
How stress is fundamentally changing our memories
Time in nature benefits children with mental health difficulties: study
In vitro model enables study of age-specific responses to COVID mRNA vaccines
Sitting too long can harm heart health, even for active people
International cancer organizations present collaborative work during oncology event in China
One or many? Exploring the population groups of the largest animal on Earth
ETRI-F&U Credit Information Co., Ltd., opens a new path for AI-based professional consultation
New evidence links gut microbiome to chronic disease outcomes
Family Heart Foundation appoints Dr. Seth Baum as Chairman of the Board of Directors
New route to ‘quantum spin liquid’ materials discovered for first time
Chang’e-6 basalts offer insights on lunar farside volcanism
Chang’e-6 lunar samples reveal 2.83-billion-year-old basalt with depleted mantle source
Zinc deficiency promotes Acinetobacter lung infection: study
How optogenetics can put the brakes on epilepsy seizures
Children exposed to antiseizure meds during pregnancy face neurodevelopmental risks, Drexel study finds
Adding immunotherapy to neoadjuvant chemoradiation may improve outcomes in esophageal cancer
Scientists transform blood into regenerative materials, paving the way for personalized, blood-based, 3D-printed implants
Maarja Öpik to take up the position of New Phytologist Editor-in-Chief from January 2025
Mountain lions coexist with outdoor recreationists by taking the night shift
Students who use dating apps take more risks with their sexual health
Breakthrough idea for CCU technology commercialization from 'carbon cycle of the earth'
[Press-News.org] Pan American Metals of Miami Says Silver Outlook Very PositiveInvestors were captivated by silver earlier this year, only to grow cautious following its rather spectacular drop in May. Silver tends to attract a fair share of safe haven