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Park Avenue Numismatics
2742 Biscayne Blvd.
Miami, FL 33137
 
Toll Free: 888-419-7136

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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 Won't 'Hibernate' For Much Longer

Friday, May 3, 2019

Bloomberg-Kitco "Gold bulls will not be locked up for much longer as gold's hibernation is likely to come to an end soon, said Bloomberg Intelligence (BI), noting the metal’s divergent strength in Q1. 'The primary diversifier, gold, at the bottom of the performers, is more likely to move higher, notably if the dollar doesn't. Unchanged gold is showing divergent strength vs. the primary recovery driver in 4Q - increasing stock market volatility - which has plunged in 2019,' BI's senior commodity strategist Mike McGlone said in the May's edition of Commodity Outlook. Gold bulls have been restrained this year due to lower U.S. stock market volatility and higher U.S. dollar, McGlone pointed out, adding that those factors are unlikely to last....One of the key drivers for gold in Q2 will be increased stock market volatility, which has hit a bottom and is most likely to go up from here, according to BI."

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