Rabobank analysts are talking about where Gold and Silver are right now. They say Gold is selling for more than $5000 per ounce and Silver is above $100 per ounce. The report says people are moving away from buying financial things like stocks and bonds and are choosing physical materials like Gold and Silver instead. There's also a bigger idea that some people want to sell American products and reduce their use of the US Dollar. Even with all that, there's still a lot of interest in buying US Treasury bonds, and more countries are using the US Dollar for their international money transactions.
Price trends for gold and silver
"Gold is currently trading far above $5000/oz in the present day. The price of silver is far more than $100 per ounce.
"The fashionable narrative is now 'sell America' and de-Dollarization, and the financial has given way to the material."
"On the other side of the ledger, however, we continue to witness high demand at US Treasury auctions, and SWIFT data shows that the usage of the US dollar in international payments is actually expanding, primarily at the expense of the euro."
Price trends for gold and silver
"Gold is currently trading far above $5000/oz in the present day. The price of silver is far more than $100 per ounce.
"The fashionable narrative is now 'sell America' and de-Dollarization, and the financial has given way to the material."
"On the other side of the ledger, however, we continue to witness high demand at US Treasury auctions, and SWIFT data shows that the usage of the US dollar in international payments is actually expanding, primarily at the expense of the euro."
