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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

Put Your Trust in Gold

Tuesday, June 11, 2019

 -Forbes "Americans' trust in institutions, from the federal government to banks to the news media, has been deteriorating for decades. Sixty years ago, three quarters of Americans expressed faith in the government to do the right thing 'most of the time' or 'just about always.' Today, only one in five people, a near-record low, believes our leaders make decisions in the country's best interest. The news media fares just as poorly.

A new survey finds that Americans believe 'fake news' is a bigger problem right now than violent crime, illegal immigration and terrorism....So where can you still put your trust in today's often cynical world? Friends and family. Our churches and other religious organizations. Our jobs. As an investor, I continue to have great faith in gold as a store of value during times of economic and geopolitical uncertainty. It's behaved precisely as I expect it to.

In response to heightened global trade concerns and weakening economic indicators, investors have piled into the yellow metal, pushing its price up for a remarkable eight straight days as of last Friday. We haven't seen such a winning streak since June 2014, when gold traded up for 10 straight days....As I've explained elsewhere, tariffs are essentially taxes and, as such, they're inflationary. This has historically supported the price of gold. Besides Walmart and Costco, a number of other retailers have been telling customers and investors that prices will be going up thanks to the Chinese tariff."

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