Gold to Silver Ratio - Part 1

The gold to silver ratio (or GSR, as I call it) is the ratio of how many ounces of silver an ounce of gold can be exchanged for.

It stands to reason that the lower this ratio is, the less silver an ounce of gold can be traded for (or the more gold silver can be exchanged for).  Likewise, the higher this ratio is, the more silver an ounce of gold can be traded for (or the more silver gold can be exchanged for).

It's common knowledge that both metals have been in a bull market since around 2001.  For silver specifically, it reached it's lowest point in November 25th, 2001 at $4.00 / oz.  A few months later, silver hit a peak at $4.87 on Jan 6, 2002.  A few months later, on July 14th silver hit another peak at $5.15.

On an unrelated note, as a Private in the Canadian Forces reserves back then, my daily salary could have bought me just under 16 ounces of silver.  11 years later, as a civilian professional software engineer, my daily salary can buy me about 5 ounces of silver, even though in dollar terms, my salary has roughly tripled.  Silver in the same time has increased around 6 times... good thing I was buying mutual funds back the... oh wait... most of them only were up 10% in the same time period silver was up 600%.