Crisis in the silver market that occurred in 1980 and caused a sharp decline in silver prices. The crisis was brought on as a result of two Texas billionaires trying to corner the market, but failing to do so.
Related information about silver Thursday:
- Silver Thursday - Wikipedia, the free encyclopedia
Silver Thursday was an event that occurred in the silver commodity markets on Thursday, 27 March 1980. A steep fall in silver prices led to panic on commodity ...
- Silver Thursday: How Two Wealthy Traders Cornered The Market
Jul 8, 2009 ... Find out how the largest speculative attempt to corner the market went awry.
- Silver Thursday Definition | Investopedia
A steep fall in the price of silver that occurred on Thursday March 27, 1980. The sharp drop, on Silver Thursday, was triggered by a failed attempt to corner the ...
- From The Archives - Bunker Hunt And 'Silver Thursday' | ZeroHedge
Mar 18, 2012 ... Back in May of last year, just after the now historic silver slamdown of "Silver Sunday" on May 1, 2011, when the metal imploded by nearly 20% ...
- Silver Thursday - FORTUNE Features
May 8, 2011 ... Editor's Note: Every Sunday, Fortune publishes a favorite story from our archive. Editor-at-Large Shawn Tully introduces this story from the July ...
- Silver Thursday: Definition from Answers.com
the dayMarch 27, 1980when the extremely wealthy Hunt brothers of Texas failed to meet a Margin Call by the brokerage firm of Bache Halsey Stuart Shields.
- Silver Thursday plus 30 : Silver Investor Blog
Mar 23, 2010 ... Silver Thursday Plus 30. By David Morgan. March 23, 2010. Unless you are a real silver bug or a much studied gold bug, the concept of Silver ...
- The Price of Silver's Rising
Apr 21, 2011 ... “Silver Thursday” is a day that's been in the history books for more than 31 years. For those of you too young to remember Woodstock or the ...