“””Banks and market manipulators hit hardest.”””
In 1980 the Hunt Brothers attempted to corner the silver market and silver reached $50 before collapsing.
Now, 45 years later, could China be the party who is attempting to corner the silver market?
Looks that way.
I was just coming to post about the Hunt brothers driving silver to $50 back in about 1979-80. You beat me to it.
Adjusted for inflation $66 is not so much.
https://www.in2013dollars.com/us/inflation/1980?amount=1
Looks like it was about $260 in today’s dollars.