The silver-loving siblings continued to take delivery, borrowing heavily to snatch even more futures on silver once their immediate cash was all tied up. By stockpiling this silver and using their large cash reserves to buy up even more futures, the billions in demand caused the rise of silver to more than $50 per ounce. They reportedly bought more than 35 million ounces of silver, some of which they flew to Switzerland in specifically crafted airplanes guarded by armed Texas ranch hands. Nelson, especially, believed there would be inflationary pressures that would mangle the value of any investments denominated in or tied to paper currency. The Hunt brothers believed that inflation would cause silver to become a haven, just like its more expensive cousin, gold. They took their oil money boon and invested into the commodities market. Leaving his sprawling inheritance of billions to his family, including sons Herbert and Nelson. It's a saga that almost sounds fictional but it's the real-life story of two American wealthy brothers who cornered the silver market and caused the price of silver to rocket from $2 an ounce (all currency US) to more than $50 an ounce.
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