Home | November 2011News | Gold Forecast to Increase Further in Price Next Week due to Debt Concerns says Pan American Metals of Miami |
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Gold Forecast to Increase Further in Price Next Week due to Debt Concerns says Pan American Metals of Miami
- Gold Forecast to Increase Further in Price Next Week due to Debt Concerns says Pan American Metals of Miami
- November 14, 2011
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Outlook for gold is strongly bullish based on debt crisis in Europe.
MIAMI, FL - The outlook for gold in the coming week is described as the 'most bullish since 2004' by Bloomberg Businessweek as investors seek a tangible asset in light of the continuing debt crisis in Europe.
"Gold has traditionally provided a safe haven in times of economic turmoil," says Bill Hionas of Pan American Metals of Miami. "Gold bullion has risen by 26% so far this year, outperforming virtually every other asset. Precious metals bullion has an intrinsic value which is highly attra...
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