Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
Toll Free: 888-419-7136
Secure Private Ordering
We use the latest online security processing,
so your order is safe & private.
We DO NOT disclose any customer
information to ANY third party company.
Our customer privacy is our priority.
Over 30 Years Experience
Park Avenue has over 30 years
experience buying and selling
Rare Coin and Precious Metals.
We have the knowledge and
ability to provide our customers
with the best products and services.
2.19.26 - THIS Will Turbocharge the Metals Bull Market
Gold last traded at $4,997 an ounce. Silver at $78.53 an ounce.
THIS Will Turbocharge the Metals Bull Market -Daily Reckoning
Something unusual is happening.
Prices in Canada are soaring...for Americans. I'm preparing for a trip to Toronto for the giant Prospectors and Developers of Canada (PDAC) conference. As I looked at flights and hotels, I noticed a significant increase in costs from year's past.
Here's why: the U.S. dollar is falling compared to Canadian currency.
This chart shows the exchange rate between the U.S. and Canadian dollars. We just hit the lowest rate since 2022. That's because the dollar plunged 9% over the past year or so. Today, the exchange rate is about C$1.30 to $1. A year ago, it was about C$1.50 to $1.
That's a big jump.
Even if the prices in Toronto remain the same, it will cost me about 10% extra in exchange rate. That's a huge price hike in just a year.
