#特朗普新全球关税 Trump comes on this scene, first the pancake that falls Then the imitation interrupted the one-day rise and fell overall This is Trump's fighting power...$BTC
I'm sorry, I left the charity coin This token used to be my full hope So I also paid the price for it The price is wasting two more years of life Working harder and repaying debts That's all, I give up, goodbye! $GIGGLE
$GIGGLE It's really true that no matter how much you flaunt yourself, as long as you hold this charitable coin, all your misdeeds are forgiven... How else can you play on the BSC chain? Please tell me
$GIGGLE The crypto market is warming up, cherish the only meme spot on Binance in 2025! Charity + Destruction Long-term value is worth looking forward to!
Conclusion and Impact: The Hunter brothers' accounts went from a profit of several billion dollars to a loss of about 1.7 billion dollars. The Federal Reserve and bank consortium were forced to provide a 1.1 billion dollar bailout loan (to avoid a larger financial collapse) But they mortgaged a large amount of oil assets
Subsequent: Charged with market manipulation, in 1988 a civil judgment awarded 134 million dollars, in 1989 each fined 10 million dollars, and lifetime banned from commodity trading. The brothers filed for bankruptcy in 1988.
Nelson Hunter passed away in 2014 William Hunter passed away in 2024 Before his death, he restored part of his wealth through the oil business (which once reached 4.3 billion dollars).
This incident became a classic lesson: high leverage poses significant risks of forced liquidation, and regulation will intervene; it also strengthened the rules of the commodity futures market.
Price Surge: Their frenzied buying "pushed up the silver price" From about $6/ounce in early 1979 Soaring to a historical peak of $49.45/ounce on January 18, 1980 (Daily futures once hit $50.35), an increase of over 700%!
This led to chaos in global silver prices: jewelers like Tiffany's publicly condemned them for "stockpiling tens of billions of dollars of silver, driving up prices harming others"; industrial users (like Kodak film) faced skyrocketing costs.
Price Surge: Their frenzied buying "pushed up the silver price" From about $6/ounce in early 1979 Soaring to a historical peak of $49.45/ounce on January 18, 1980 (Daily futures once hit $50.35), an increase of over 700%!
This led to chaos in global silver prices: jewelers like Tiffany's publicly condemned them for "stockpiling tens of billions of dollars of silver, driving up prices harming others"; industrial users (like Kodak film) faced skyrocketing costs.
Story Background: In the 1970s, the United States faced severe inflation (stagflation), devaluation of the dollar, and an oil crisis.
The Hunt brothers distrusted paper currency and believed that precious metals were the best hedge assets (at that time, private individuals in the U.S. could not hold large amounts of gold, so they turned to silver).
Starting in 1973, they secretly began to buy large quantities of silver spot and futures contracts. Initially, prices were low (around $2/ounce), and they accumulated silver through borrowing (leverage) and partners (including Saudi billionaires).
By the end of 1979, they controlled about one-third of the world’s private silver supply (estimated to hold over 100 million ounces of spot and large amounts of futures), even using airplanes to transport silver to storage warehouses in Switzerland.
Haroldson Lafayette Hunt was an American oil tycoon known as a legendary figure in the American oil industry He dominated the position of the richest person in America for many years since the 1950s At the time of his death in 1974, his personal fortune reached $700 million, making him one of the eight richest people in America.
However, it was two of old Hunt's sons that made the Hunt family famous worldwide: Nelson Hunt (the fat one) and William Hunt (the thin one) These brothers were extremely greedy and created a shocking silver manipulation case in the 1970s Their process of sitting on the board, manipulating, and being strangled is considered an epic classic case
It is worth studying, borrowing from, and reflecting on for all stock and futures enthusiasts today.
Once two oil tycoon brothers almost monopolized the global silver market, pushing the price from $6 to $50, only to go bankrupt overnight?! This is not a movie plot, but a true event from 1980.
Let's look back and talk about silver in the 70s and 80s.
When mentioning this story, the legendary figures 'Hunt Brothers' come to mind. #白银 #比特币与黄金战争
Once two oil tycoon brothers almost monopolized the global silver market, pushing the price from $6 to $50, only to go bankrupt overnight?! This is not a movie plot, but a true event from 1980.
Let's look back and talk about silver in the 70s and 80s.
When mentioning this story, the legendary figures 'Hunt Brothers' come to mind. #白银 #比特币与黄金战争
#比特币与黄金战争 【Stabilize your positions, trust your vision】 Why did we suddenly bring up this topic today?
We are projecting the topic onto the discussion about silver, which increasingly makes me understand a principle: as long as it rises, there will definitely be some people FOMO-ing, and some will start with infinite positive news.
"Starting January 1st, Dongda will impose export controls on silver," "The main reason for the rise in silver is the surge in manufacturing demand." We say that this so-called "surge in industrial demand" is something that anyone with eyes can see; what is the current supply-demand relationship? Is there really a surge? It's obvious that it's just a 'exploration signal' released by the market in conjunction with the big players.
So what is an 'exploration signal'? The answer is breaking through the previous high and then exploring the boundaries wherever it goes.
Believe me, the most you’ve ever heard about the word silver is not from the market, but from the ranking tier in the competition: "Silver."
Combining with the title, why should you hold onto your positions and your targets? Because if silver can be revitalized, you can firmly believe that your targets will also have their 'exploration moments' in the future.
A boss donated funds to a school. The amount donated by the boss was the largest on the list. Apart from the boss, the total donations from others didn’t even match the boss's small change. In addition, the boss often cared about the school's situation, Even wholeheartedly engaged in interactions with them. However, the school always ignored the boss. Then the boss was not doing well and was on the verge of bankruptcy. Moreover, he never received any kind of consolation or concern from the school...
Another example: I needed $5000 for some uncontrollable reasons and posted it to society, crying and pleading, but only received $1000, which is still far from the goal. Suddenly you all came along, feeling that the situation was real and vivid, and directly gave me $500,000 (way beyond expectations, more than I could use, even without time to plan); in addition, you have been caring about how I have been lately, has life improved? Are you healthy? But my basic response to you is, "Um, oh, yes" even leaving you on read... What do you think, Brother and Sister? And suddenly you all have become impoverished, donating the unmanageable $500,000 to me, I know you have become impoverished, but I just keep quiet, tightly holding onto this money, ignoring everything, pretending I didn't hear anything...
Now, back to the point
The $giggle community donated over $10 million to the Giggle platform (this is real money) As a result, the community is in deep trouble, members are numb. Prices have been continuously falling. What can we still believe in? Believe in light? Yes, we indeed think charity is light! But what about the result? If it continues like this, What’s the difference from white cloth and TST?
Charity is such a beautiful thing. You might say, charity has nothing to do with finance. So giggle... Alright, please return the more than 10,000 BNB. Don’t touch this so-called financial attribute at all. Once it had power to $giggle, Now what has it turned into?
In Case One: Such a generous boss, at least the school should give a warm blessing to the donating boss, right? Wish him a thriving career?
In Case Two: The person who donated to me suddenly faced financial ruin, and that $500,000 he donated to me is simply unmanageable, then at least as a beast, I must ensure the person who once helped me gets through this tough time, right? #giggle