| From Hardassetsinvestor.com: Many silver traders and investors regard the gold/silver ratio now and think that old maxim is being proved again. The white metal's been, er, white hot recently. Silver's gotten expensive—not just in dollars, but in terms of gold. And as silver's price has raced higher, the gold/silver ratio has plummeted.
The ratio, which describes silver's buying power by dividing the per-ounce price of gold by that of silver, has averaged 60:1 over the past 35 years, meaning it's taken 60 ounces of silver to purchase one ounce of gold. Though with silver's most recent push to the $36/oz level, it now takes much less..............................................Full Article: Source
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