Billionaires’ Failed Silver Market Takeover

Billionaires’ Failed Silver Market Takeover

In the 1980s, two billionaire oil magnates attempted to corner the global silver market by buying up an estimated one-third of the world's supply. Their scheme drove silver prices to unprecedented levels, forcing regulators to implement new stock market rules to stop them.

Previous Fact Next Fact
Categories:

Latest FactRepublic Video

15 Most Controversial & Costly Blunders in History

Sponsored Links