Park Avenue Numismatics
5084 Biscayne Blvd, Suite 105
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.
Silver will go 'crazy' in 2022, gold to break $2k again, speculation will end
12.23.21 - Silver will go 'crazy' in 2022
Gold last traded at $1,807 an ounce. Silver at $22.91 an ounce.
NEWS SUMMARY: Precious metal prices rose Thursday on safe-haven buying ahead of the Christmas holiday weekend. U.S. stocks extended gains as investors looked past recent jitters over the spread of the omicron Covid variant.
Kitco--"2022 is the year speculative money recedes from the markets, said E.B. Tucker, director of Metalla Royalty.
'Everybody is a speculator, and so next year, I expect this speculation runs out of gas. There's no more stimulus check coming. There's more liquidity coming into the average person's pocket.'
'They got a raise this year, but everything they're buying is going up in price. Sales are slowing down. The refinance boom is slowing down,' Tucker told David Lin, anchor for Kitco News.
'Next year, you're going to see a rotation out of [stocks] and you're going to see a move into something real.'
Tucker predicts that next year, silver will 'go crazy' and gold prices will top $2,000 again as capital rotates into precious metals."
