The Truth About The Hunt Brothers: 1980 $50 Silver Squeeze

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For anyone trying to enter the investment market, this documentary should serve as a great history lesson. The Hunt Brothers bought silver and the price went up. Then, the price went down for seven years, and the level of manipulation is mind blogging.

The Hunt Brothers orchestrated the Silver Thursday. The event occurred in the United States silver commodity markets on Thursday, March 27, 1980. Nelson Bunker Hunt, William Herbert Hunt, and Lamar Hunt tried to corner the silver market.

Then, the subsequent steep fall in silver prices led to panic on commodity and futures exchanges. The Hunt Brothers were eventually convicted of manipulation, fined, and forced into bankruptcy. They needed ten years to make things right with their creditors.

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