When we play “Monopoly” we agree to pretend, for a time (during the game) that the orange $500 bills have great value. We suspend our disbelief and ignore their inherent worthlessness.
Even US (paper) dollars are, in the words of one wise man, an “IOU nothing.” They are a promise from a government few should trust to repay the bearer of the paper promissory note with something of real value. Up until the 1960s and 1970s, paper dollar bills were redeemable for a certain amount of precious metals. But that limited our government’s ability to spend beyond its means, and politicians don’t like limits on their spending – so the link between dollars and a fixed amount of metal came to an end.
I believe the price of gold and silver is suppressed and that it should be much higher – but I am in the minority – most Americans have no idea that it is the paper dollars that will someday be considered worthless, once it is understood that the federal government has neither the intention nor the ability to pay its debts.
At the present time, digital and paper contracts on silver are selling on global markets for about $15.20 per ounce. A physical ten ounce bar of silver would sell for more than ten times this “paper silver” amount – there would be a premium on “real” silver. A coin shop might sell one for about $175.00
But to typical ignorant Americans who pay lots of attention to Caitlyn Jenner and Ben Affleck and Minions and little attention to economics or other important matters of the real world, a ten ounce silver bar is worthless.