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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.

Customer Reviews

The gold and silver bull market is not over

Friday, October 1, 2021

DC Swamp: Swampier Than Ever

Gold last traded at $1,755 an ounce. Silver at $22.15 an ounce.

NEWS SUMMARY: Precious metal prices rose Thursday on bargain-hunting and a weaker dollar. U.S. stocks rose slightly as investors get set to close out a volatile and losing month for stocks.

Kitco--"CPM discusses the economic and gold and silver fundamental factors that suggest that the weaker gold and silver prices since their peaks in early August 2020 do not represent the end of the bull market and the beginning of a cyclical bear market.

Instead, CPM concludes after reviewing real economic trends, inflation, interest rates, currency markets, equities, and the metals themselves, the current sideways movements in prices appear more likely to be consolidation phases.

Between a first leg upward from 2016 to 2020 for gold and from 2019 to 2020 for silver, and a second leg most likely to commence sometime after 2022... just as CPM has been projecting since before 2010."

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