Silver Screams To Best Day In 5 Months; Up 11 Days In A Row

Silver Screams To Best Day In 5 Months; Up 11 Days In A Row

Silver’s 4.4% rise today – back above $21 for the first time in 3 months – is the largest single-day surge in 5 months. While gold has been making the headlines, silver has risen 11.9% with no down days in the last 11. This is the best 2-week run in 6 months as the Gold-to-Silver ratio has collapsed from over 65x to 61x today.

Quite a day for silver…

Gold-to-Silver ratio back to trend…

We suspect the almost record shorts in Silver are feeling the squeeze…

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