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  • Super Committee Deadlocked on Deficit Talks says Pan American Metals of Miami
  • November 21, 2011
  • Potential failure of 'super committee' to solve US deficit may be supportive of gold in the long term.

    MIAMI, FL - While the investment world has been almost exclusively focused on Europe, the US still has pressing debt issues of its own. It is widely assumed that the 'super committee' will announce their failure to agree on a suitable solution to reduce the US budget deficit. Political ambition and polarized viewpoints are likely to make it difficult for an agreement to be reached.

    The US debt burden is far greater than that of any of the European countries, albeit so is the GDP. Additionally...
  • View more at: http://www.1888pressrelease.com/super-committee-deadlocked-on-deficit-talks-says-pan-america-pr-352111.html