this story came out on bloomberg today:

March 2 (Bloomberg) -- Silver’s biggest discount to gold in 13 years has investors betting on the best annual return for silver since the Hunt brothers’ bid to corner the market in 1979.

Money managers are buying precious metals as a refuge from the 47 percent drop in the Standard & Poor’s 500 Index in the past year and growing concerns that Treasuries will fall as the U.S. government pledges $9.7 trillion to revive the economy. While gold will rise 25 percent this year, silver may jump 58 percent to $18 an ounce, said Philip Klapwijk, chairman of London-based precious metals research company GFMS Ltd.

“Silver will have a nice catch-up rally,” said Peter Sorrentino, who helps manage $15.5 billion at Huntington Asset Advisors in Cincinnati. “There’s a flight to precious metals as a storehouse of wealth. Silver got left behind and it’s been closing in quickly but there’s still a performance gap.” Huntington has about 7 percent of its assets in silver and 3 percent in gold, which is trading $80 an ounce below its record.

http://www.bloomberg.com/apps/news?p...