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  • Gold Gains as European Standoff Continues says Pan American Metals of Miami
  • October 26, 2011
  • Gold regains safe-haven status as European crisis continues.

    MIAMI, FL - Gold has consolidated, and improved on, the gains made yesterday as concern continues to grow that there may not be a satisfactory resolution of the European debt crisis. It appears that EU talks may be deadlocked; probably with regard to the amount of losses Greece's creditors should accept. It is now accepted that Greece's debt must be cut by at least 50%, preferably more, if a proposed solution is to be sustainable. Additionally, there is fear of contagion as economists see Greece...
  • View more at: http://www.1888pressrelease.com/gold-gains-as-european-standoff-continues-says-pan-american-pr-345665.html