Silver is up almost 8% from last week’s lows, surging back towards $20 and above its 50-day average ($19.70). Gold is also rising but we note that the post-Fed-Minutes outperformance of gold over silver (as both fell) has been erased…

Silver has outperformed Gold (back under 68x) in the last 2 weeks, erasing the shift after the Fed Minutes…

 

As Precious metals are bid post-payrolls…

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