WebJan 14, 2024 · Hunt Brothers Appreciation Thread! Legends. At peak. they were holding 250Moz. Today, 42 yrs later, no one is known who holds even 5Moz , privately, not as a huge wallstreet bank. Despite the fact that we have 10x more silver bullion now. Its like someone now hoarding 2.5 billion ounces. WebFeb 22, 2024 · At their peak the Hunt Brothers: “…controlled about 250 million ounces of silver – 100 million in physical and 150 million in futures contracts. That’s a lot, and most reports conclude this is why silver skyrocketed in the 1970s. How much of the silver market did they control? Several reports estimate the Hunt’s stash equaled 20% of silver supply.

A Silver Tale or How the Hunt Brothers Lost it All - Daily Kos

WebJul 18, 2024 · Alluding as if it were three Hunt brothers alone, who themselves drove the 1980 price of silver to $50 oz fiat USD by late January. Nevermind virtually the entire world’s price discovery commodity complex was multiplying muli-fold in questionable fiat US dollar value terms for more than a decade leading up to 1980. WebPrimarily because of the Hunt brothers' accumulation of the precious metal, prices of silver futures contracts and silver bullion rose from $11 an ounce in September 1979 to $50 an ounce in January 1980. Silver prices ultimately collapsed to … diamondback t shirts

The Real Hunt Brothers Silver Story - Gold Survival Guide

WebDec 6, 2011 · By that time, the Hunt Brothers owned $4.5 billion of silver (approximately 200,000,000 ounces). That was more than half of the world's entire supply! After realizing that the Hunt Brothers cornered the silver market, COMEX immediately suspended silver trading and only accepted silver liquidation orders. WebIn the last nine months of 1979, the Hunt brothers were estimated to be holding over 100 million troy ounces of silver and several large silver futures contracts. The brothers were estimated to hold one third of the entire world supply of silver not held by governments. WebJan 17, 1980 · The Hunts owned $4.5 billion-worth of shiny, glittering silver, safely stashed in Swiss vaults. Still the price climbed, until on January 17, 1980, an ounce cost $49.45. Such rampant speculation and profits triggered new government oversight, prompting the Federal Reserve to suspend trading in silver. circle the correct pronoun worksheet