Monday, March 07, 2016 7:26:38 AM
My point exactly. Short coverings, not for real reasons. The Hunt brothers bought so much silver they even made gold go up, too.
""The Hunt Brothers were famous for trying to corner the silver market. They were successful in driving the futures price of silver from under $10 to over $50 an ounce. When the COMEX stepped in and made them liquidate their position, silver prices dropped back to $10 an ounce within three months."
—?Masters and White. 31 July 2008"
Stupid is as stupid does!
""The Hunt Brothers were famous for trying to corner the silver market. They were successful in driving the futures price of silver from under $10 to over $50 an ounce. When the COMEX stepped in and made them liquidate their position, silver prices dropped back to $10 an ounce within three months."
—?Masters and White. 31 July 2008"
Stupid is as stupid does!
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