Contact Information

Park Avenue Numismatics
2742 Biscayne Blvd.
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.

Customer Reviews

Five reasons why gold is still worth owning

Friday, October 4, 2019

MARKETWATCH--"Given the big outperformance in gold, it's time to check back in with my gold gurus for a read on what you should do with gold now...In the medium term, there are still many solid reasons to own the yellow metal...In the short term, the next move in gold really comes down to what happens with the economy....It's worth owning some gold and gold-mining shares for five reasons. 1. Gold helps you play defense - A big risk now is that people talk the economy into recession by damaging business and consumer confidence...2. Central banks love gold again - Central banks are purchasing gold in volumes not seen in 50 years...3. The U.S. may be on course to debase the dollar - As both political parties throw caution to the wind on deficit spending, the U.S. is now borrowing almost a trillion dollars a year...'I would not be surprised to see gold at $2,000 an ounce in two years,' says Tom Winmill, who manages the Midas Fund...4. Gold has momentum - Money flows into gold mutual funds managed by U.S. Global Investors GROW, +1.03% shot up considerably in August and September...5. There may be supply shortages - At the Denver Gold Forum in September, Barrick Gold cautioned that mining production could fall by 45% over the next 10 years."

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