In Jan. 1980, the Hunt brothers ran up the price of silver 1000%. From $5 to $50.So the commodities exchange thwarted them by changing the margin requirements. Their fall was spectacular. I’m suspicious of what is going on behind the scenes with this run up.
“I never thought my traditional sterling silverware woould become an auxiliary retirement plan. And then there’s the little leather box of old silver coins”
.
Back in 1980, home burglaries shot up, presumably for drug money.
Silverware was the first item “picked”, and highly prominent among items stolen to be fenced.
Move to a secure location...