[Poohbah]

"They" changed the rules?

Uh, wrong. All speculative bubbles burst eventually (witness the dot-com stocks on NASDAQ). My dad saw it coming long before most did and sold short. Made good money on a minimal investment. A family friend put his kids' college money into the bubble--lost everything and then some. Kids got to go to the local community college instead of Stanford.

[OK]

Re: "They" changed the rules?

Yes, the way I understand it, the COMEX put on a ruling that nobody could add new longs when silver spiked up past $40. It proceded to go limit down for something like 3 days in a row and crashed to around $8. That is what wiped out Bunker Hunt.

[rollin]

Yes, the exchange changed the rules.

If you would give me your telephone number in a private post, I will provide you with the number of a person who was Bunker's attorney in this whole mess and who will give you chapter verse, timeline, etc., and even provide you with the court documents.

That is if you really want to know!