Howsilverinfluencedtwohundredyearsofworldhistory,andwhyitmatterstodayThisisthestoryofsilver’stransformationfromsoftmoneyduringthenineteenthcenturytohardassettoday,andhowmanipulationsofthewhitemetalbyAmericanpresidentFranklinD.Rooseveltduringthe1930sandbytherichestmanintheworld,TexasoilbaronNelsonBunkerHunt,duringthe1970salteredthecourseofAmericanandworldhistory.FDRpumpedupthepriceofsilvertohelpjumpstarttheU.S.economyduringtheGreatDepression,butthismoveweakenedChina,whichwasthenonthesilverstandard,andfacilitatedJapan’srisetopowerbeforeWorldWarII.BunkerHuntwentonasilver-buyingspreeduringthe1970stoprotecthimselfagainstinflationandtriggeredafinancialcrisisthatlefthimbankrupt.Silverhasbeenthepreferredshelteragainstgovernmentdefaults,politicalinstability,andinflationformostpeopleintheworldbecauseitischeaperthangold.Thewhitemetalhasbeentheplacetohidewhenconventionalinvestmentssour,butithasalsoseducedsophisticatedinvestorsthroughouttheageslikeasiren.Thisbookexplainshowpowerfulfigures,uptoandincludingWarrenBuffett,havecomeundersilver’sthrall,andhowitshistoryguideseconomicandpoliticaldecisionsinthetwenty-firstcentury.
