https://www.thestreet.com/markets/commodities/investing-in-silver-14767113 Investors who believe in the "real money" theory of silver should try paying their bills in specie and see exactly how far that will get them. Fiat currency has structural value because of its ties to a national economy and its role in tax collection. Silver does not. Its value is driven almost entirely by supply and demand with some influence from industrial applications. That does not make it a poor choice of investment, but it does mean that its value depends entirely on what someone else is willing to give you for it, Just like currencies, stocks and pretty much every other form of investment on the market. It is no less real than any of those, but no more so either. The fact that you can hold it in your hand doesn't change that.