Anyone remember the Hunt brothers?
I do.
L
1976
Anyone remember the Hunt brothers?
——-
So do I. We didn’t have trillions of unpayable debt then, or a dollar index falling to 97.9 ( today) and every paper currency on the planet tanking.
correction 1979-80
hah!
Back then, the US government struck a huge number of 1 ozt, .999 fine "silver trade units" and sold them to the public through the US Assay Office. It brought their nonsense to an end.
Those items still float around in the silver bullion market; I bought a few once as an historical curiosity.
.
Yes, I do.
Hunt Brothrs days. I had two rolls of silver diimes that I had bought as a teenager in the 60s. I wanted motorcycle and noticed that the local coin and jewelry shoop was offering 15-1 face value for silver coins. I knew that the place was offering a lot less than elsewhere bcause I knew th shop. I saw adds for hock shops to buy silver. I checked them out and one was offering 20 to one. I sold my dimes there and same day bought a used XS-650 with the proceeds. Two days later the price of silver crashed.