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  • Pan American Metals of Miami says Markets Showing Relief After Greece Gets Further Bail Out
  • October 02, 2011
  • News that the European Union would take further steps to support the Euro and help Greece caused many investors to breathe a sigh of relief.

    MIAMI, FL - The world breathed a collective sigh of relief today as the news broke that Greece would receive further bail out funds and Chancellor Merkel had succeeded in persuading her coalition government to support Greece, allowing the euro to survive, for now at least.

    It remains to be seen how gold prices will react to the news though a stronger euro does equal a slightly weaker dollar, generally supportive to gold. It is worth remembering that gold, in company with other precious metal...
  • View more at: http://www.1888pressrelease.com/pan-american-metals-of-miami-says-markets-showing-relief-aft-pr-339343.html