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 Pan American Metals of Miami says Silver Poised to Rebound Strongly- Pan American Metals of Miami says Silver Poised to Rebound Strongly
- October 20, 2011
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Silver is poised for a strong rebound, ending the bearish market that has plagued the precious metal since the spring.
MIAMI, FL - Despite a rumored slowdown in growth, China's economy is growing considerably faster than that of the US and demand for silver, with its industrial uses, is high. Predictions are that silver could be averaging $38 an ounce before the end of this year and reaching an average of $42 by the end of 2012. This would represent a gain of over 33% on its present price.
In addition to the industrial demand for silver, there is investment demand from those who want a cheaper alternative to...
- View more at: http://www.1888pressrelease.com/pan-american-metals-of-miami-says-silver-poised-to-rebound-s-pr-344283.html
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