π Silver/Oil Ratio Reaches Historic Levels
π Silver/Oil Ratio Reaches Historic Levels As of December 2025 , the Silver/Oil ratio has reached 1.02 , the highest in history . For context: Historical Average (55 years): 0.33 Previous Record: 0.56 (2020 COVID period) All-Time Low: 0.15 (2005) This ratio reflects how many barrels of oil can be bought with one ounce of silver . A higher ratio may indicate that silver is outperforming oil relative to historical norms. Key Historical Events Impacting the Ratio: 1973: Arab Oil Embargo 1980: Hunt Brothers Silver Peak 1998: Asian Financial Crisis 2020: COVID-19 Market Crash 2022: Ukraine War The current high suggests a significant divergence from the historical average, which can be a signal for investors to reassess commodity strategies . Source: Jack Prandelli, X-Handle (as of 16th December 2025)








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