>>60942464
>>60942448
The silver spike in 1980 was due to the Hunt brothers recognizing that silver was at an artificially low price, so they started buying silver which resulted in a short squeeze which started to drive the price up.

The (((market administrators))) stepped in, STOPPED allowing silver purchases, then they raised margin requirements significantly, crushing the Hunt brothers.

Something similar happened during the Gamestop shortsqueeze, the Robinhood app stopped allowing purchases of GME, only sales, to protect Citadel from a billion dollar shortsqueeze.

The 1980 spike wasn't a normal market clearing price, it was a temporary anomaly from a market dysfunction, just like when a Chinese nickel producer sold a massive amount of nickel short, and was caught in a squeeze that caused the price of nickel to shoot up to $100,000 per ton.