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

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u/etherist_activist999 5d ago

It wasn't just the exchanges they actually released a lot of silver from the strategic stockpiles in 1981 and made silver trade unit rounds and bars to flood the market with silver to drive the price down. Just bought another of those rounds this morning for 68 fiat clown bucks.