spin the valve to oil by Gaddafi, silver prices soaring, raising the deposit requirements for operators of commodity exchange and sale of silver panicky. Perhaps many will say that these are the events of recent weeks. History repeats itself, and for some may be surprised that this is a description of the events market of the late 70s of last century, when it took place largest in the history of precious metals price manipulation.
Today I recommend you read the very interesting article relating to the history of the creation, development and decline of silver octopus headed by Hunt brothers, the sons of Texas oil billionaire . It is estimated that the Hunt brothers managed to raise about one-third of total world supply of silver. jump silver prices $ 1.5 an ounce to a level $ 50 per ounce, and silver and the so-called meltdown. "Silver Thursday "When the price per ounce lands at about $ 10 - sounds like a pretty good thriller scenario. But it all happened in reality and noticeable, and many similarities to current events in financial markets (trading) lead us to the conclusion that the what is happening now in the silver market, potentially also could involve a huge manipulation. Today is not know, but probably time reveals the truth.
One thing is certain, and should be a lesson for investors eager money-fast - out of popcorn bubble on the silver market shows that unscrupulous speculation in the blink of an eye can turn lavish profits in colossal losses.
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