He posted a couple charts demonstrating the relationship between the Japanese Yen and Gold and Silver.
New to me was that these are correlated, in fact he posted a 30 minute chart and it was hard to see any variations.
Recently the Bank of Japan entered the market in a big way and sure enough Gold and Silver tracked the Yen as it moved.
I am not necessarily a believer in correlations long term, but this one is very interesting at this time.
Here is the 30 minute chart;
Many people attempt to understand the markets by incorporating correlations into their trading strategy, I am unconvinced. I have seen correlations go along nicely for many days and months and all of a sudden the correlation disappears. For that reason I stay away, however, there are many pairs traders that make a fortune using correlations.
Enjoy your day..!!