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Events on March 27 in history

Silver Thursday
1980Mar, 27

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

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