The Story of Silver

How silver influenced two hundred years of world history, and why it matters todayThis is the story of silver’s transformation from soft money during the nineteenth century to hard asset today, an ...

How silver influenced two hundred years of world history, and why it matters todayThis is the story of silver’s transformation from soft money during the nineteenth century to hard asset today, and how manipulations of the white metal by American president Franklin D. Roosevelt during the 1930s and by the richest man in the world, Texas oil baron Nelson Bunker Hunt, during the 1970s altered the course of American and world history. FDR pumped up the price of silver to help jump start the U.S. economy during the Great Depression, but this move weakened China, which was then on the silver standa