- Official Post
In 1979, the price for silver (based on the London Fix) jumped from $6.08 per troy ounce ($0.195/g) on January 1, 1979, to a record high of $49.45 per troy ounce ($1.590/g) on January 18, 1980, an increase of 713%, with silver futures reaching an intraday COMEX all-time high of $50.35 per troy ounce and a reduction of the silver/gold ratio down to 1:17.0.
This is unbelievable. This is pretty interesting that silver Thursday was referenced in this YouTube video. If you'd like to read more, check out the link below. I mentioned to friends recently. The fed has manipulated its own debt again. What will this do to inflation in the USA?
U.S. Treasury Abruptly Buys $10,000,000,000 of Its Own Debt in Massive, Historic Treasury Buyback - The Daily Hodl
The U.S. Treasury Department just issued the largest buyback of its own bonds in history. The Treasury says the $10 billion operation is designed to repurchase…
dailyhodl.com
Silver Thursday - Wikipedia
en.wikipedia.org