Timeline for Why did gold prices drop in 1981?
Current License: CC BY-SA 3.0
5 events
| when toggle format | what | by | license | comment | |
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| Jan 5, 2020 at 1:35 | comment | added | releseabe | I remember those days -- famous photo of one of the brothers riding a subway to court because, in theory or to create an impression of, he did not have money for a car or cab. | |
| Mar 27, 2013 at 15:35 | comment | added | John Bensin | +1 Nice post, although it's worthwhile to point out that the Hunt brothers had started trying to corner the silver market before the US left the gold standard. Like many savvy investors/economists, they saw the imminent failure of the gold standard and the Nixon shock coming, but describing their actions completely in terms of "hedging themselves against inflation" glosses over the fact that they also sought to turn a massive profit (which to some extent, can be an inflationary hedge itself). | |
| Apr 16, 2011 at 3:53 | vote | accept | jspooner | ||
| Apr 16, 2011 at 1:00 | history | edited | Muro | CC BY-SA 3.0 |
added 11 characters in body
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| Apr 16, 2011 at 0:14 | history | answered | Muro | CC BY-SA 3.0 |