| SM Publications |
| Silver Salon Forums - The premier site for discussing Silver. |
| SMP | Silver Salon Forums | SSF - Guidelines | SSF - FAQ | Silver Sales |
|
|
|
|
The Silver Salon Forums
Since 1993 Over 11,793 threads & 64,769 posts !! General Silver Forum
|
| REGISTER (click here) |
How to Post Photos
|
|
 SMP Silver Salon Forums
 General Silver Forum
 Silver Thursday
|
 SSFFriend: Email This Page to Someone! |
next newest topic | next oldest topic |
| Author | Topic: Silver Thursday |
|
June Martin Forum Master Posts: 1348 |
posted 05-04-2024 01:23 PM
  
We don't typically cover the silver metals market here as we are interested in the beautiful things made of silver, but I thought it noteworthy that the last of the Hunt Brothers, Herbert Hunt, died on April 9. For those unfamiliar with the Hunt brothers silver play in the 1970's, the 3 brothers accumulated a huge quantity of silver storing it all over the world and using as collatoral to buy silver futures contracts. Between September 1979 and January 1980, the price of silver rose from around $11 per ounce to around $50. It was reported at the time that the Hunt brothers controlled up to two thirds of a year's supply of silver. When the price tanked to $10.80 on March 27, 1980, known as "Silver Thursday" the brothers were left facing creditors, brokerage houses and government regulators. Adieu, Herbert. IP: Logged |
All times are ET | next newest topic | next oldest topic |
  |
|
Ultimate Bulletin Board 5.46a
|
1. Public Silver Forums (open Free membership) - anyone with a valid e-mail address may register. Once you have received your Silver Salon Forum password, and then if you abide by the Silver Salon Forum Guidelines, you may start a thread or post a reply in the New Members' Forum. New Members who show a continued willingness to participate, to completely read and abide by the Guidelines will be allowed to post to the Member Public Forums. 2. Private Silver Salon Forums (invitational or $ donation membership) - The Private Silver Salon Forums require registration and special authorization to view, search, start a thread or to post a reply. Special authorization can be obtained in one of several ways: by Invitation; Annual $ Donation; or via Special Limited Membership. For more details click here (under development). 3. Administrative/Special Private Forums (special membership required) - These forums are reserved for special subjects or administrative discussion. These forums are not open to the public and require special authorization to view or post. |
|
copyright © 1993 - 2022
SM Publications
All Rights Reserved. Legal & Privacy Notices |