1. Recently (2013), silver is trading in a much cheaper range of about 40:1 ratio than the historic silver-to-gold price ratio of 15 or 16:1. On Jan 24th, 2003, with silver at $4.89/oz. and gold at $368/oz., the ratio was 75:1. Since then it has reverted to the 40:1 ratio again, which is still cheap. Therefore, silver is currently undervalued, cheaper than the historic norm, and thus is a better investment than gold.
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