Events on March 27 in history

Silver Thursday (March 27, 1980)

Silver Thursday: A steep fall in silver prices, resulting from the Hunt Brothers attempting to corner the market in silver, leads to panic on commodity and futures exchanges.

Silver Thursday was an event that occurred in the United States silver commodity markets on Thursday, March 27, 1980, following the attempt by brothers Nelson Bunker Hunt, William Herbert Hunt and Lamar Hunt to corner the silver market. A subsequent steep fall in silver prices led to panic on commodity and futures exchanges.

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Events on 1980

26 Jan

Egypt
Israel and Egypt establish diplomatic relations.
2 Feb

United States Congress
Reports surface that the FBI is targeting allegedly corrupt Congressmen in the Abscam operation.
10 Jun

Nelson Mandela
The African National Congress in South Africa publishes a call to fight from their imprisoned leader Nelson Mandela.
29 Jul

Islamic Revolution
Iran adopts a new "holy" flag after the Islamic Revolution.
9 Oct

14th Dalai Lama
Pope John Paul II shakes hands with the Dalai Lama during a private audience in Vatican City.

Events on March 27 in history

Silver Thursday (March 27, 1980)

References

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Events on 1980

Egypt

United States Congress

Nelson Mandela

Islamic Revolution

14th Dalai Lama