Seriously bob007, lendingbubbleco is right. That was a pretty asinine thing to say.
Gold is more expensive than silver. Why? Any number of reasons. It’s rarer, it makes better jewelry, it has more industrial applications, whatever. If both gold and silver are temporarily overvalued by 50%, then they are both going to fall in value by 50% when the market returns to normal. The fact that gold is better than silver has absolutely NO RELEVANCE to the price of gold. All that matters is gold’s intrinsic value.
