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3,640 Views • Feb 16, 2024 • Click to toggle off description
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This is a channel that brings you the latest news about precious metals, silver, gold, platinum, palladium and others. There is discussion on the following topics.
How the economy and geopolitical events can affect the prices of gold and silver.
Tips on stacking gold and silver stacking for beginners and seasoned stackers
The fundamentals of sound money and stacking silver and gold
New releases from the US Mint and other world mints like The Perth Mint, The Royal Canadian Mint, The Royal Mint and more.
Any silver news or gold news and news about bullion dealers and precious metals companies
#silver #gold #preciousmetals
Views : 3,640
Genre: Education
Uploaded At Feb 16, 2024 ^^
warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
Rating : 4.871 (7/210 LTDR)
96.77% of the users lieked the video!!
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User score: 95.16- Overwhelmingly Positive
RYD date created : 2024-02-17T21:40:55.028953Z
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46 Comments
Top Comments of this video!! :3
I was just out of high school. I knew what was going on with the silver prices going up, I just never knew why. Sadly I never knew enough about silver to hold any and when the price dropped I never thought about getting any 😢. 👍:_gold::_silver::_gold::_gol
5 |
I'd be extremely happy to see 49 dollar silver today!
12 |
Dig deeper on this story and look at what happened to the other metals in the same time period. It wasn't just the Hunt brothers, the whole metal market spiked. The Hunt brothers just had the biggest and most public stake in Silver because of the missed margin call and the legal issues they faced after.
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I benefitted from the Hunt Brothers in that time frame. I was working as an engraver and my boss claimed I ruined a Silver baby cup. He made me buy a replacement. Silver was cheap then, so the cup was cheap. Roll forward a few months and silver went to 40 dollars an ounce. I sold the first engraved cup at a handsome profit as scrap.
My boss was angry he didn't get the profit, but then, he didn't buy the replacement cup.
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A bit like the Duke brothers did with OJ
3 |
Went to high school with a guy named Mike Hunt...
Always good for a laugh..
💬 Anybody seen Mike Hunt
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As a teenager I sold directly to the brothers. Long story.
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They definitely left their mark in the history of precious metals
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They were also flying it out of the country.
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sounds like a robinhood/ gamestop situation. 🤔
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Excellent summary of an amazing historic event. Well done, Sal!
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I got several San Francisco Essay office rounds. They were used to counter the hunt brothers silver cornering strategy.
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People still confusing price with value.
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Sometimes I think that I missed my call.
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I remember these times. I wrote a paper in high school on this topic, Businesses in Milwaukee took out full page newspaper ads to buy coins, silverware, etc.
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No, they changed the rules on the Hunt Brothers which is what caused the crash. The only way to beat them was toi change how margin buying was to be conducted: "On January 7, 1980, in response to the Hunts' accumulation, the exchange rules regarding leverage were changed; COMEX adopted "Silver Rule 7", which placed heavy restrictions on the purchase of commodities on margin."
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They missed the margin call because the rules were changed. It is a dirty business.
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Sal, my B-day was yesterday V-day ❤😢
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The whole thing smells fishy to me. Always has
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@blaccsilverstaff5484
9 months ago
Shout out to the hunt brothers!🤙🏿 they had balls of SILV
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