Silver Thursday: How the Hunt Brothers Lost Billions in a Single Day
“Every moron could buy a printing press, everything might be better than paper money.” That is Nelson Bunker Hunt explaining why he bet the family fortune on silver. Chapter 13 of Torsten Dennin’s “From Tulips to Bitcoins” tells the story of the Hunt brothers, two Texas oil heirs who tried to corner the global silver market. They almost pulled it off. And then they lost everything in a single day.