With silver recently touching record highs, now is the perfect time for looking back to the last time silver traded at such levels—for it is a highly instructive case study, particularly when reinterpreted through an Austrian lens. The story of Nelson Bunker Hunt, William Herbert Hunt, and Lamar Hunt, the Texas oil heirs who attempted to corner the silver market in the late 1970s, is often told as a tale of hubris, market manipulation, and regulatory salvation. Headlines from the era framed the Hunts as reckless speculators whose greed sent commodity markets into chaos and required...
















