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  • Pan American Metals of Miami says Concerns Over Europe Remain Despite Action by Central Banks
  • November 30, 2011
  • Concern over the future of the euro remain despite action by central banks.

    MIAMI, FL - This morning's action on the part of five major central banks and the Federal Reserve, coupled with separate action from the People's Bank of China served to boost gold and ease liquidity strains. However, the action did not provide a cure-all for the euro zone problems. A recession is looming in southern Europe, if it has not already arrived. The euro has lost all credibility and even this new move is unlikely to make investors rush to buy bonds from beleaguered countries in souther...
  • View more at: http://www.1888pressrelease.com/pan-american-metals-of-miami-says-concerns-over-europe-remai-pr-354724.html