Once again the correlation between silver and crude intraday has asymptoted to 1. As Crude accelerates higher so silver has surged - bouncing off its 100DMA...

Silver Is Soaring

Submitted by Tyler Durden on 02/13/2015 10:20 -0500

• Crude

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Once again the correlation between silver and crude intraday has asymptoted to 1. As Crude accelerates higher so silver has surged - bouncing off its 100DMA...

Silver Soars...

Tracking Crude...

it seems they have recoupled from earlier in the week...

Charts: Bloomberg

Average: