I remember the Hunt Brothers trying to corner the market and other fools joining in, including a couple of guys in my college dorm that bought silver on margin. They lost everything they had and then some.
“I remember the Hunt Brothers trying to corner the market and other fools joining in, including a couple of guys in my college dorm that bought silver on margin. They lost everything they had and then some.”
I remember the same thing. Sitting around some bar/dorm in college ( after way to much beer)listening to guys talking about how they were spend all the money they were going to make on silver. Did not work out that way. At least they were young enough to recover/learn from it.
My brother lost $300,000 on that one. Ouch.