One of the brothers who helped drive silver to its all-time high in 1980 has passed away. Nelson Hunt the man who took silver to $50 in 1980 dies aged 88 Will the rest of us ever see $50 silver again? Perhaps some of us will. But, as this news reminds us, some of us won't.
The Hunt brothers were also into Ancient coins, oil and race horses. Their ideas weren't that horrible but their methods and timing sucked.
Something the hunt brothers didn't bargain on was the vast numbers of people who would bring in silverware and such for meltdown, making it that much harder to corner the market, then the feds got involved and they took a huge financial hit.
