Analysts Predict Gains Across the Board for Precious Metals in the Coming Year
02.04.2012 | Marketwired
Five Star Equities Provides Stock Research on Paramount Gold and Silver Corp. and Pan American Silver Corp.
NEW YORK, NY -- (Marketwire) -- 04/02/12 -- Precious Metals future looks bright as analysts predict prices to gain across the board in the coming year. According to the median estimate of 11 analysts surveyed by Bloomberg, they expect a gain of 15 percent for gold, 13 percent for silver and 11 percent for platinum. Five Star Equities examines the outlook for companies in the Precious Metals Industry and provides equity research on Paramount Gold and Silver Corp. (NYSE: PZG) and Pan American Silver Corp. (NASDAQ: PAAS) (TSE: PAA).
Access to the full company reports can be found at:
www.fivestarequities.com/PZG
www.fivestarequities.com/PAAS
Gold is advancing for a 12th consecutive year and will average $1,900 an ounce in the fourth quarter, the analysts predict. Prices slid more than 7 percent in the past month as signs that U.S. growth is accelerating pared investors' expectations the Federal Reserve will buy more debt. The central bank bought $2.3 trillion of debt in two rounds of quantitative easing that ended in June 2011, during which gold appreciated about 70 percent.
Silver is headed for its best quarter in a year, and will average $36 an ounce in the final three months, the forecasts compiled by Bloomberg show. Holdings fell by more than 800 tons in 2011, according to data compiled by Bloomberg. Investors may buy 2,000 tons through ETPs this year, Morgan Stanley predicts.
Five Star Equities releases regular market updates on the Precious Metals Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.fivestarequities.com and get exclusive access to our numerous stock reports and industry newsletters.
Paramount Gold and Silver Corp. announced that it has closed its previously announced non-brokered private placement funding of common stock. Paramount has sold 10,417,776 shares of common stock at $2.05 per share, for proceeds of $21,356,441. No warrants were issued in connection with the Transaction.
Pan American Silver Corp. and Minefinders Corporation Ltd. completed the previously announced plan of arrangement under the Business Corporations Act (Ontario) whereby Pan American acquired all of the issued and outstanding common shares of Minefinders.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.fivestarequities.com/disclaimer
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NEW YORK, NY -- (Marketwire) -- 04/02/12 -- Precious Metals future looks bright as analysts predict prices to gain across the board in the coming year. According to the median estimate of 11 analysts surveyed by Bloomberg, they expect a gain of 15 percent for gold, 13 percent for silver and 11 percent for platinum. Five Star Equities examines the outlook for companies in the Precious Metals Industry and provides equity research on Paramount Gold and Silver Corp. (NYSE: PZG) and Pan American Silver Corp. (NASDAQ: PAAS) (TSE: PAA).
Access to the full company reports can be found at:
www.fivestarequities.com/PZG
www.fivestarequities.com/PAAS
Gold is advancing for a 12th consecutive year and will average $1,900 an ounce in the fourth quarter, the analysts predict. Prices slid more than 7 percent in the past month as signs that U.S. growth is accelerating pared investors' expectations the Federal Reserve will buy more debt. The central bank bought $2.3 trillion of debt in two rounds of quantitative easing that ended in June 2011, during which gold appreciated about 70 percent.
Silver is headed for its best quarter in a year, and will average $36 an ounce in the final three months, the forecasts compiled by Bloomberg show. Holdings fell by more than 800 tons in 2011, according to data compiled by Bloomberg. Investors may buy 2,000 tons through ETPs this year, Morgan Stanley predicts.
Five Star Equities releases regular market updates on the Precious Metals Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.fivestarequities.com and get exclusive access to our numerous stock reports and industry newsletters.
Paramount Gold and Silver Corp. announced that it has closed its previously announced non-brokered private placement funding of common stock. Paramount has sold 10,417,776 shares of common stock at $2.05 per share, for proceeds of $21,356,441. No warrants were issued in connection with the Transaction.
Pan American Silver Corp. and Minefinders Corporation Ltd. completed the previously announced plan of arrangement under the Business Corporations Act (Ontario) whereby Pan American acquired all of the issued and outstanding common shares of Minefinders.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: www.fivestarequities.com/disclaimer
Contact:
Five Star Equities
Email Contact