Liebe Besucherinnen und Besucher,
aufgrund unseres Sommerfestes sind wir am 03. September 2026 bis 14 Uhr erreichbar. Am 04. September 2026 sind wir wieder wie gewohnt für Sie da. Vielen Dank für Ihr Verständnis.
Ihr Team von Sack Fachmedien
Buch, Englisch, 108 Seiten, Format (B × H): 210 mm x 297 mm, Gewicht: 346 g
Speculation, Leverage, and Financial Devastation in the Global Commodities Exchange, 1979–1980
Buch, Englisch, 108 Seiten, Format (B × H): 210 mm x 297 mm, Gewicht: 346 g
ISBN: 978-3-565-33614-2
Verlag: epubli
To corner a global commodities market is considered an impossible financial feat, requiring astronomical wealth, unbreakable nerve, and absolute secrecy. Yet, at the end of the 1970s, two Texan billionaires came terrifyingly close to owning the world's entire supply of silver, nearly breaking the American financial system in the process.
Nelson and William Hunt utilized massive amounts of leveraged debt to quietly purchase hundreds of millions of ounces of physical silver and futures contracts. Their aggressive accumulation drove the price of the metal to unprecedented, unsustainable heights, triggering a massive speculative bubble that threatened to bankrupt the very brokerage firms and banks that had financed their audacious scheme.
This thrilling financial post-mortem chronicles the spectacular rise and devastating collapse of the Hunt brothers' empire. It details the panic within the Federal Reserve, the emergency regulatory interventions designed to stop them, and the catastrophic margin calls that triggered "Silver Thursday"—a localized crash that shook the foundations of Wall Street.
Uncover the mechanics of the greatest market manipulation in history. Understand the inherent dangers of extreme leverage in commodity trading, and learn how unchecked ambition can warp the reality of global supply and demand.
