And sure, silver has a lot of legwork to do, before it arrives at its historical relationship with gold. But its relationship has nothing much to do with the utilitarian value of silver. The fact that you affirm that there is such a ratio flys in the face of your comment about gold.

Silver will go up a long way yet, but so will gold. Silver undoubtedly will narrow the gap. But forget the nonsense about the economy. The dollar in itself is the spur for both of these INVESTMENT/cover my a*$ metals. The dollar is in essence depreciating. In fact, do not be overly surprised if there isn’t a more formal devaluation of the currency. UNLESS that happens, the printing presses will have to keep on heating. It happened to the mighty British. I remember when the Pound sterling was 4.80 to the $. Suddenly it was 2.40, and suddenly you could buy less silver with a Pound. And you will continue to buy less silver and gold with a dollar even if, the economy and interest rates do something else.

Now, if you were buying gold or silver with a Euro…