Home | November 2011News | Investors Should Welcome Buying Opportunity as Gold Dips below $1750 says Pan American Metals of Miami |
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Investors Should Welcome Buying Opportunity as Gold Dips below $1750 says Pan American Metals of Miami
- Investors Should Welcome Buying Opportunity as Gold Dips below $1750 says Pan American Metals of Miami
- November 11, 2011
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Gold's sharp dip this morning provided a buying opportunity for investors.
MIAMI, FL - Gold's downward slide is attributable to the fact that panic over the Italian situation has died down since Italy has managed to score a loan of 5 billion euros, reducing the need for a safe haven.
Leaving aside the fact that news from Europe is changing almost hourly, and that anyone who thinks this loan makes everything just fine is seriously optimistic, if not delusional, a drop in price of almost $50 from earlier highs is sufficient to attract bargain hunters. If we do, in fa...
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