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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

Top CEOs see business impact from coronavirus lingering until at least the end of 2021

Tuesday, June 30, 2020

Gold last traded at $1,799 an ounce. Silver at $18.58 an ounce.

NEWS SUMMARY: Precious metal prices extended gains Tuesday nearing 8-year highs on safe-haven buying. U.S. stocks inched higher as investors shrugged off the rising economic impact from the global pandemic.

CNBC---" The chief executives of the nation's biggest companies expect the business impact from the coronavirus to linger until at least the end of 2021. Nearly a third of them fear it could persist beyond then....There had been hopes that the U.S. was on its way to recovery after fears and lockdown orders jolted the economy this spring. But cases of the coronavirus are back on the rise, and states like Texas have had to delay their reopening plans. On Friday alone, 45,255 additional cases were reported, bringing the country's seven-day average to more than 41% higher than the prior week. The Business Roundtable report referred to the growing infection rate, saying the new cases 'suggest the need for broader adoption of safety measures and for public officials to examine their reopening plans to ensure widespread use of masks, continued limitations on gathering size, and measures to keep vulnerable populations safe.'....The Business Roundtable's CEO Economic Outlook Survey - a composite index of chief executive plans for capital spending and hiring over the next six months -fell to 34.3, its lowest reading since the second quarter of 2009."

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