Silver isn’t only seeing a revival as a fashion trend; it’s also seeing a resurgence with investors. Like the cost of gold, silver prices have been soaring of late, hitting a record $50.13 a troy ounce earlier this week as investors continue to seek out safe-haven assets.

That broke the previous record, $48.70 per troy ounce, which had stood since January 1980—just ahead of the infamous “Silver Thursday” bust. Billionaire brothers William, Nelson, and Lamar Hunt—the latter of whom founded the Kansas City Chiefs—stockpiled an estimated third of the global silver supply over the course of a decade to hedge against the declining value of the dollar. But when regulators stepped in, prices dropped and they failed to make a margin call, sending a panic through the markets and inspiring part o

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