Pan American Metals of Miami says Silver Poised to Rebound Strongly
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 gold, currently trading at a ratio of over 50 to silver. Silver offers similar safe-haven benefits to gold at a fraction of the price. Investors were frightened away from silver after it dropped spectacularly in April but silver has held its own since and, supported by both industrial and investment demand, the white metal is poised for a comeback.
“We expect to see silver regain its shine next year,” says Bill Hionas, CEO of Pan American Metals of Miami. “Ther
Racing Towards Zero
In the past few years, the Obama administration has been widely, and in some ways correctly, criticized for having a slow-motion approach to promoting free trade. In 2010, 14 major free trade deals were signed globally, including the second in two years between China and Taiwan (who have a long history of less-than-stellar relations). But the US was party to zero. What’s more, “Buy American” provisions entered into legislation, like 2009′s American Recovery and Reinvestment Act, were an additional mark against free trade. Even this year, trade deals have moved slowly in America. Until last week.
As we’ve discussed, the long-stalled free trade agreements with Panama, Colombia and South Korea passed Congress, and President Obama promptly signed them at a photo-op with South Korean President Lee Myung-bak.
How To Fight Debt Acquired Through Identity Theft
We know that identity theft is deceptive, hard to spot, and no doubt sucks. If you store more information online about you, the threat of identity theft increases.
What the FTC says, nine million Americans lose their identities each year. As a result, the victims pay $631 for legal fees and misappropriation of their false debt. Though the victims are not obliged to pay the money that was incurred through identity theft, they pay it and further spent time toward repairing their credit worthiness. Remember, if you become responsible for debt accrued through identity theft, you must not pay for a criminal’ debt.
Preventing and Detecting Identity Theft
Before knowing how to get rid of your fraudulent debt, it is more important to know how to prevent identity theft. Sinc
In Terms of Identity Theft Debit Cards Are Riskiest
Which is Riskier Debit Cards or Credit Cards?
A lot has been reported about the debate between debit cards and credit cards in terms of which puts you at a higher risk for identity theft. This is especially important debate these days, as debit cards become more and more prominent.
In 2009, debit cards were used for over 50 percent of noncash financial transactions, up from 1 percent just 15 years prior. The most popular of the debit cards, the Visa debit card, is in the pockets of over 350 million Americans today. To decide which card is riskier for yourself, take a look at the following facts.
Credit Cards You pay using money belonging to the creditor and receive a monthly bill. You can dispute charges with a vendor before having to pay for them out of your own pocket. You usually have 100% fraud protection if you report the fraud within 60 days of when it occurred. The maximum liability you can be held responsible for, if you report fraud in a timely manner, is $50.
Phase II of the American Samoan Permanent Housing Construction Program Announced by FEMA
OAKLAND, CA — The Department of Homeland Security’s Federal Emergency Management Agency is announcing that Phase II of the American Samoan permanent housing construction program was completed on September 17, 2011. Titles to all 39 homes have now been transferred to families who lost their dwellings to the earthquake generated Tsunami that claimed 31 lives and devastated large parts of the island on September 29, 2009.
FEMA officials noted that this permanent housing solution honors communal living conditions practiced on the island, while meeting the long-term housing needs of families displaced by the disaster. Local resident Ms. Eseta Suis, agreed, saying she felt “blessed” to have moved her family into one of the newly constructed homes. “We finally made it; we have a beautiful house and it is lovely inside and outside. My family