Silver Wheaton (NYSE:SLW), Silver Standard Resources (Nasdaq:SSRI), Coeur d'Alene (NYSE:CDE) iShares Silver Trust (NYSEArca:SLV), Hecla (NYSE:HL) Soar

Silver price reached a 30-year high, and companies with a strong exposure to silver like Silver Wheaton (NYSE:SLW), Silver Standard Resources (Nasdaq:SSRI), Coeur d'Alene (NYSE:CDE) iShares Silver Trust (NYSEArca:SLV), Hecla (NYSE:HL) all soared, and will continue to soar.

Part of this is the silver/gold ratio, which has been out of whack for some time, and is starting to move toward historic levels of about 16 to 1. Silver had been underperforming gold prices for some time when measured historically.

Also historically, when gold prices reach high levels, silver begins to be eyed as an investment metal and not only an industrial metal, giving it a big push up, as we've been experiencing lately.

Many investors gravitate toward silver when gold gets too pricey, as it is now, creating the surge in silver prices.

When silver is turned to as an alternative currency and for the same reasons people turn to gold: inflation hedge, safety, quantitative easing, etc., then it'll ultimately start moving in unison with gold, even if it's skewed for awhile, which as mentioned above, it has been.

Companies with strong exposure to silver will continue to move up with the price, and as with gold, there's no immediate end in sight as to how far it'll go.

Silver will outperform gold over the next couple of years as it once again gathers attention and favor. Silver companies and those investing in them will enjoy the ride as well.

Silver Wheaton closed Monday at $40.84, up by $1.53, or 3.89 percent. Silver Standard Resources closed the session at $29.32, gaining $1.33, or 4.57 percent. Coeur d'Alene was at $26.92, up $1.02, or 3.94 percent. Hecla closed up at $11.01, gaining $0.51, or 4.86 percent. iShares Silver Trust ended the day at $29.51, increasing $0.91, or 3.19 percent.