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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

Gold prices could soar to $2,000 next year

Thursday, October 3, 2019

CNBC-- "Gold prices could surge by about 30% to as high as $2,000 per ounce next year, according to David Roche, president and global strategist at Independent Strategy. The price of spot gold currently stands at around $1,500 per ounce. 'What my gut says is that cause of the vilification of fiat currencies by central bankers, which is set to get worse - not better, people will look for an alternative currency,' Roche told CNBC’s 'Squawk Box' on Thursday. 'Gold is a good alternative currency because it's safe, and because it costs nothing to own it compared to paying negative rates on deposits,' Roche said. As a result, gold prices will likely touch $1,600 before the end of this year, before moving higher to $2,000 next year, he said. Roche said central banks are now 'quite rightly worried' about the next downturn...'That's why I buy gold.'"

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