SBTV had a great conversation with Professor William L. Silber, a Professor of Finance and Economics at the Stern School of Business at the New York University. Tune in for an inside look into the speculative silver trades of the Hunt brothers and Warren Buffet and why they did it!
Discussed in this interview:05:03 The story of the Hunt brothers and their silver07:55 Why the price of silver rose to $50 in 198012:24 Warren Buffet pouncing on silver in 199715:42 Comparing the silver trade of Warren Buffet and the Hunt brothers23:37 What Professor Silber recalled about the Nixon Shock of 197125:43 The 50-year fiat currency experiment29:32 How are precious metals an insurance33:38 Should fiat currencies always have a link to gold or silver?