Silver Thursday was an event that occurred in the silver commodity markets on Thursday, 27 March 1980. A steep fall in silver prices led to panic on commodity and futures exchanges.
Read more about Silver Thursday: Background, Silver Thursday, Aftermath, See Also
Famous quotes containing the words silver and/or thursday:
“The intelligent have a right over the ignorant, namely, the right of instructing them. The right punishment of one out of tune, is to make him play in tune; the fine which the good, refusing to govern, ought to pay, is, to be governed by a worse man; that his guards shall not handle gold and silver, but shall be instructed that there is gold and silver in their souls, which will make men willing to give them every thing which they need.”
—Ralph Waldo Emerson (1803–1882)
“Success four flights Thursday morning all against twenty one mile wind started from Level with engine power alone speed through air thirty one miles longest 57 second inform Press home Christmas.”
—Orville Wright (1871–1948)