Bill Hionas Leads Pan American Metals Through Difficult Week to Encouraging Signs of Recovery
Pan American Metals is delighted to report encouraging signs of recovery in the precious metals markets.

MIAMI, FL, May 13, 2011 /24-7PressRelease/ -- Pan American Metals showed closing prices up for 3 out of 4 precious metals Friday. Gold, silver and palladium all closed up, with gold at $1495 an ounce, silver at $35.64 and palladium at $720. This is encouraging news coming at the end of an extremely volatile week on the stock markets for precious metals.

"Bill Hionas provides strong leadership for our highly-experienced team of brokers and traders," says Debbie Bailey, executive administrator at Pan American Metals of Miami (PAMOM). "We offer specialized advice to our investors, both private and corporate, tailored to their individual needs."

While some analysts had previously advised caution, anticipating a continued downward slide for precious metals, many are now predicting consolidation or further rises. News of April's US employment figures, with over half a million new jobs, has helped in the recovery of gold and there has also been heavy buying action from investors wanting to take advantage of the current dip in prices. The long-term outlook for all four precious metals traded by PAMOM is very optimistic. Two major international banks, Deutsche Bank and HSBC both stated today that they expect this week's downward correction in gold prices to be short-lived and that prices were close to bottoming out. All of this is music to the ears of those prudent investors who have held firm and are continuing to accumulate precious metals.

PAMOM offers both fully-funded and leveraged positions to its investors and its brokers only advise holdings to their clients that they would be comfortable purchasing themselves. Located in South Beach, Miami, a financial hub for Central and South America, PAMOM is ideally situated for global investors.

Press Release Contact Information:

Debbie Bailey
Pan American Metals of Miami
Executive Admin
235 Lincoln Rd.
Miami Beach, Florida
USA 33139
Voice: 305-733-7419
Website: Visit Our Website