Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
Miami, FL 33137
Toll Free: 888-419-7136
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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.
Billionaire Hedge Fund Owner Mark Mobius Says Gold Is Going Up, Up, Up
Kitco— "Gold's drop from last week's six-year high is attracting some bargain hunters but one hedge fund manager is advising investors to ignore the price and buy the precious metal at any level. In an interview with Bloomberg TV Tuesday, veteran investor Mark Mobius, who created Mobius Capital Partners LLP last year, reaffirmed his bullish outlook for the yellow metal. 'Gold's long-term prospect is up, up and up, and the reason why I say that is money supply is up, up and up,' he said. 'I think you have to be buying at any level, frankly.' Mobius also reiterated his recommendation that investors should hold about 10% of physical gold in their portfolios....In an environment of global monetary easing, Mobius said that there will be a strong demand for hard assets, which he expects will leave cryptocurrencies out in the cold."
