Good find ozcopper, I just found the article through Z.H. videos that were lined up to watch. I posted the article onto Silver Doctors website 15 minutes ago. I was about to bring it here when I saw that you had done it. I lived through that period and remember it well. The Truth About The Hunt Brothers: 1980 $50 Silver Squeeze. _JOHNLGALT. TruthNeverTold Published on 25 Sep 2018 https://youtu.be/Zci9z_gLMrQ
Are you aware that all of your posts come through in ridiculously large font and with mostly bold type? Nobody else seems to have that problem with their posts. I'm guessing you are doing that intentionally, but just FYI in case you are browsing on a phone or some device where you can't tell that your posts look that way.
Thank you for that. I wasn't aware of that. Maybe that is what all of those tiny icons above the comments section are for. lol. _JLG. p.s. I hope it did not stop you from watching a very important video. Some people would be more interested in the video than other people's comments.
The Hunt's mistake is to corner a market which had an abundant supply. You can buy up a year's supply but what about next year, next next year, next next next year?
Found an interesting 2011 article on the Hunt bros. https://seekingalpha.com/instablog/...how-they-did-it-and-what-we-can-learn-from-it Interesting to read that in 1970s, it takes the backing of massive Saudi wealth to buy up 77% of all silver in the world. Today, Silver is so cheap (and worthless in 2018 dollars), that there are at least 30 billionaires that can buy up all the silver in the world each, no need to invite the Saudi king.
They were too narrow in their focus. They should have (additionally) focused on restricting supply and pumping demand. Invest in the most productive mines, buy up prospecting licences, lobby governments and politicians for environmental and bureaucratic constraints on new mines to increase barriers to entry, invest in global advertising campaigns to pump the emotional side to silver ownership while instilling a fear or limited supply, then slowly divest their silver holdings for a profit before reality reasserts itself.
That is exactly what all those internet fake 'precious metal investment gurus' being doing all these years!
