The Stars Have Aligned For A Record Spike In Silver Prices

 | Aug 14, 2019 13:14

The media hated them.

Big Business, numerous federal agencies, and politicians of all stripes hated them too.

Even Tiffany & Co., the famous jewelry company, vilified them in a full-page advertisement in The New York Times, calling them “unconscionable.”

The villains everyone loved to hate were the Hunt brothers. They were critics of the fiat money system and advocated for hard money based on commodities.

At the time, private ownership of most gold was illegal in the US. So the Hunt brothers turned to the next best thing: silver.

From the late 1970s to 1980, they stockpiled silver. And unlike other investors who settled their silver trades in cash, the Hunts took physical delivery. This often meant flying the silver to Switzerland for storage.