1980

Silver Thursday

A concentrated silver position, a rule change, a March break. The record, not a lesson in what to hold.

1886 United States one-dollar silver certificate with ornate engraved portrait and silver-certificate seal.
Series 1886 $1 silver certificate — U.S. paper claim on silver, ancestor of later bullion speculation eras.Public domain (U.S. government currency design).

In March 1980 a large silver position met exchange rule changes. The price break that followed is called Silver Thursday. The page states that sequence.

It is not a view on silver now, and it is not a reason to buy or sell.

Silver Thursday