The silver price should be soaring – so why isn't it?

Silver boasts promising fundamentals and vast scope for price rises. Nevertheless, it has failed to fulfil its potential. There is no metal more frustrating for investors, says Dominic Frisby.

Silver bars © Getty Images/iStockphoto
(Image credit: Silver bars © Getty Images/iStockphoto)

A Stack Of Silver Coins

Silver: why isn't itmore expensive?
(Image credit: Ramon Perez)

Was there ever a metal with as much potential as silver? On the one hand it's a monetary metal, so its price will rise for all the same reasons that gold's will. Currency debasement, suppressed interest rates, inflation, political instability all should benefit silver. Silver is an asset outside of the financial system. Like gold, it is nobody else's liability.

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Dominic Frisby

Dominic Frisby (“mercurially witty” – the Spectator) is as far as we know the world’s only financial writer and comedian. He is the author of the popular newsletter the Flying Frisby and is MoneyWeek’s main commentator on gold, commodities, currencies and cryptocurrencies. He has also taken several of his shows to the Edinburgh Festival Fringe.

His books are Daylight Robbery - How Tax Changed our Past and Will Shape our Future; Bitcoin: the Future of Money? and Life After the State - Why We Don't Need Government

Dominic was educated at St Paul's School, Manchester University and the Webber-Douglas Academy Of Dramatic Art. You can follow him on X @dominicfrisby