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  • Pan American Metals of Miami says Gold and Silver Provide a Safe Haven as EU Debt Crisis Spreads to Italy
  • November 08, 2011
  • Investors run for safety as Italy follows in Greece's footsteps.

    MIAMI, FL - Debt crises such as we have seen recently in Europe and, not so long ago, in the US also, eventually drive the demand for a safe haven and send investors scurrying to acquire gold and silver bullion. The biggest fear, for everyone outside of Greece, arising from the Greek fiasco, is contagion. Contagion in terms of financial crises is feared in much the same way as contagion related to a fatal virus. If one bank goes under, or one country goes bankrupt, then others may well meet the ...
  • View more at: http://www.1888pressrelease.com/pan-american-metals-of-miami-says-gold-and-silver-provide-a-pr-348480.html