Destruction of a Billionaire ... Hunt Bros, silver, '33-'80 ... showing the distinction, and the dynamics, between the players in a market, and the owners of that market
Part 1 - zerohedge.com
Part 2 - zerohedge.com
Part 3 - zerohedge.com
' ... Although it was not public knowledge at the time, 23 of the members of the board on the Commodity Exchange were short a total of 38,000,000 ounces of silver. For every dollar silver moved up, the members collectively lost another $38 million ... '
Can't have the players getting uppity, regardless of whether their actions are legal, if the interests of the Owners are endangered ... as in all human affairs, it comes down in the end to raw power, who's got it, and who doesn't
Looks like there's a fourth part to come ... decent book maybe, be another classic reference work of history, cool charts and all |