Gold, silver sharply up as USDX, bond yields dip - KITCO

This is textbook monetary mechanics playing out in real time. When the dollar index weakens and bond yields drop, capital flows into hard assets like clockwork. The COMEX paper traders can fight this trend short-term, but physical demand always wins the long game. Central banks have been net buyers for 14 consecutive quarters, and retail stackers are waking up to what institutional money already knows. Silver's outperformance here is particularly telling - the gold-silver ratio compression we're seeing suggests industrial demand is finally catching up with monetary demand. Stack on the dips, but don't wait for major pullbacks. This monetary environment favors metals, and the physical premiums tell you everything about real supply constraints.