The reason is because silver is priced globally in USD, like most commodities. If we follow your absurd reasoning you could say silver is worth much more in Vietnamese Dong 375,000. WOW, that must be a lot of money. LOL
I'm still waiting to hear from you about the difference between paper silver and the vintage rubbish you've got stored at your house.
There's actually no difference between paper silver and the real thing, in fact paper silver is much more liquid and costs less to buy because of the buy/sell premium.
The reason is because silver is priced globally in USD, like...
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