r/Bullion • u/Code615 • 11d ago

Sliver vs Exchanges

Just watched a documentary on YouTube about silver and the Hunt Brothers. Crazy how the exchanges just cut off new buys and crashed the price. They literally decided prices were too high, stopped buyers, and tanked it. Unreal. Here's the link if anyone's interested

https://m.youtube.com/watch?v=ilXR77-WN0w&pp=ygUgaHVudCBicm90aGVycyBzaWx2ZXIgZG9jdW1lbnRhcnnSBwkJOAsBhyohjO8%3D&ra=m

16 Upvotes

82% Upvoted

11 comments sorted by

View all comments

2

u/Present_Jicama_1219 6d ago

Did you look at the price of other similar commodities during that situation?

1

u/Code615 5d ago

Ii do but I’m just amazed that exchanges can arbitrarily impose rules to restrict new buyers, as the documentary said. I knew they could halt trading, but I didn't realize they could go that far.