by Jeff Nielson, Bullion Bulls Canada:
In 1980, in an infamous episode of “American Justice”; the Hunt Brothers were charged (and convicted) with attempting to “corner the silver market” – i.e. an attempt to monopolize it. At the time prosecution commenced, the Hunt Brothers had only managed to acquire less than 20% of total global inventories.
Nonetheless, given the strict provisions of our anti-trust laws this was a violation. In this one (relatively tiny) market; even a 20% concentration by a single entity is considered unacceptable. But that was when our governments were less-corrupt, and still enforced these laws on at least a semi-regular basis.
Please follow SGT Report on Twitter & help share the message.