Investors in silver (NYSE: SLV) should be forgiven for being irritable – their investment has been a veritable roller coaster of late, reaching multi-decade highs before a stunning collapse last week. The Wall Street Journal has been covering the story, and looking back to the last time silver was this volatile – when the Hunt brothers were cornering the worldwide market in the early 1980s. Here is a great WSJ infographic detailing the Hunt brothers’ story (click for full size):
Source:
“Silver-Mad Small Investors Fueled an Epic Rise and Fall” Gregory Zuckerman and Carolyn Cui. Wall Street Journal, 5/7. http://online.wsj.com/article/SB10001424052748703859304576307380172271272.html?mod=sf2tw#project%3DSILVER0506%26articleTabs%3Dinteractive
