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What is the relationship between silver and crude oil?
Silver, like gold, is a precious metal, which is directly proportional to crude oil. In other words, news or data that is good for silver is also good for crude oil; And vice versa;

Although the relationship between silver and crude oil is directly proportional, it is only limited to the analysis of megatrends. From the perspective of small cycle, silver has risen rapidly, but crude oil may not move, and there may even be a slight correction; This is the uniqueness of time nodes;

Another feature is the order of magnitude. Silver may have gone up by $5, but although crude oil is also going up, the increase is far less than that of silver. This is also a problem of poor amplitude;

Although many big news in the world have the same impact on silver and crude oil, there are also many unique news about silver and crude oil, such as the exploitation of crude oil and the number of new wells, which will only have an impact on the rise and fall of crude oil;