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TeachMeFinance.com - explain Silver basis historic definition... Silver basis -- Exists when values are based on silver money. The value of silver money depends on the commercial price of silver bullion and this price is regulated by supply and demand the same as the price of any commodity. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.