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Since silver is no longer the measure of the US dollar, its value floats (or sinks) according to demand for the metal in the international marketplace. Primarily silver is no longer used for money but for electronics, medical equipment, jewelry, dinnerware, and ornamentation. Therefore its price on the international markets fluctuates (mostly upward, but not always).
IF the US dollar was tied to silver, as it once was, then we'd be much worse off. America mines virtually no silver right now; most of it comes from foreign countries, some of them not at all sympathetic to the US.
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