Departures of note

Nelson Bunker Hunt and his brother accumulated precious metal, causing silver futures and bullion prices to rise from $11 per ounce in September 1979 to $50 per ounce in January 1980, then collapse below $11 per ounce two months later, with the largest single‑day drop occurring on “Silver Thursday.”

In February 1985 the United States Commodity Futures Trading Commission charged Nelson Bunker Hunt and his brother with manipulating and attempting to manipulate silver futures contracts and silver bullion prices during 1979 and 1980.