Silver is a commodity and priced like any other commodity, including coffee and orange juice, according to global demand.
Like the UK CO2 emissions effect on the planet, we stackers will not influence the price of silver even if a monster box is up for sale.
Only the big boys exchanging paper contracts in the thousands of tonnes make a difference on bullion spot prices.
Currently silver is taking a back seat.
What is interesting though were the American "experts" ( hah hah ... ), a few years ago, with their daily metals videos on Youtube hard selling silver.
Silver was being forecasted to over $100 per ounce - so get it while you can - before China and India take the lot and the mines cannot fill the orders.
Platinum is another example.
Not so long ago ( in investment terms ) Platinum was priced higher than gold i.e. it was more precious and definitely rarer and more expensive to mine.
Why therefore is it less than half the price of gold ?
Could it possibly be that gold is overpriced and will face a massive correction at some stage ?
Gone are the days of buying a silver coin from the EU at £13 then flipping it in the UK for £25 but whatever you hold hopefully should retain value unlike fiat due to inflation.
With the unavoidable VAT on silver ( and platinum ) in the UK you definitely lose 20% immediately selling back to any dealers - unlike gold.
Importing silver into the UK is subject to VAT also unless transporting in person within your allowance.