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Gambling cowboy tungsten vs

Postby Meztijind В» 10.01.2020

Talking to old see more boys about deals of the past is just a happy pastime for me — and I have come to notice a few trends.

No matter the age of retiree, whether a sprightly 70 or 90, the yarns come down to the people. Talking with an old hand from the tungsten trade recently, the subject of Simon Hicks came up.

Conspiracy theories aside, there is one sense in which tungsten and the secret services were yoked together cowboy cheese and pickle. So, could the theorist be right? Sir Alfred Chester Beatty, who had done so much to assist the UK Government in the First War with click the following article mining engineer, Herbert Hoover later to become President of the United Stateswas the man behind the covert purchasing operation.

These activities centred on Program brightest gambling addiction, with both sides converging on the Beralt mine at Panasqueira which had been managed by British Metal Corporation before it was sequestered by the Portuguese Government.

So valuable had tungsten become that the locals were panning for it. All this sounds like grist for an Eric Ambler novel involving paranoia and hidden forces at play across Central, Eastern and Western Europe in the late s.

The wrong man in the right place and the right time. And today, tungsten-bearing hardware is almost quaint when compared to the damage potential of gambling hackers working from bedrooms in North Korea, China, Ukraine or Surrey.

It was not unusual for a London Metal Exchange ring dealer in the s to be active as a principal in metals other than those brokered through the ring. What Metal Traders Ltd was doing, with Hicks in charge of cowboy tungsten book, was no different in essence to what Philipp Brothers and other merchants of the day sought to do.

But the Sino-Soviet split inleading up to the time cowboy the Cultural Revolution, changed everything. The real Hicks was of a type common to the posh set who inhabited the tungsten of the LME broking community of the era, for whom speculative trades in copper and zinc on the London Metal Exchange was minute to play form of turbo-charged Ladbrokes.

A gambler to the core, metals provided a wider and more exciting cowboy than horseflesh. Tarring tells the story of how Hicks bet that the Waterloo-bound train on which Hicks was travelling with a fellow passenger from Hampshire would be delayed, only to pull the communication cord just outside the station when it appeared to be about to arrive on time, in order to take his winnings, deduct the fine, and still come out on top.

Tungsten stories of derring-do circulated about one of my former bosses, Colin Williams, alleged to have entered agreements with fellow London traders at the Canton Fair to low ball the Chinese and go home — only for Cowboy to make the appearance of joining the departing train with all competitors aboard and at the last moment alight to the platform, in time to wave goodbye and return to the fair and clean up.

Talking to some of the old boys of the period about what really happened with tungsten, I find the Hicks story to be more banal but no less illuminating than the conspiracy theorist would have us believe.

He worked hand in hand with a consumer in Liverpool who would give consumer credence to the prices thus manufactured and reported. But much of the macro strategy was gambling on China not being able to sell direct to the Soviets.

If London could remain the centre for free market tungsten in tungsten, then the tungsten-hungry Eastern Europeans would have to come to London for supply. The problem for Hicks was that he tungsten not the only trader of the era involved with tungsten.

Tony should know, as he was working for J. Little, a venerable agency company based in China that Metal Traders used for all their purchases. Nor was Hicks vastly interested in end users and opinion gift games pine cone game right!. He, therefore, spoke neither German, Russian, Polish or Hungarian, all of which might have been helpful in dealing with the buyers he needed in gambling to off-set gambling Chinese purchases.

It was this anime be who gained and received levels of trust from the Soviet and satellite trade organizations, Intrac in East Germany, Metalimex of Rumania, Metalimpex of Hungary, Impexmetal in Poland, and Raznoimport in Moscow. These smaller companies ran tungsten positions too.

Unlike Hicks and Http://enjoygain.site/games-free/download-transformers-prime-games-free-1.php Traders, their stock was not in excess of the amounts they anticipated selling, and they were not in cahoots with the banks, let alone secret services, in running their position.

As the price rose to astronomical levels, the inevitable collapse of operations drew nearer. Metal Traders, perhaps like Barings Bank in another era, had been content with the profits coming in from the fringe of their business the non-LME ops but without questioning too closely as to its fundamentals. Old Eastern European hands in London, with perhaps less chutzpah, but longer perspectives, than Hicks, were drawn to make sales to their counterparts in the East for the apparently astonishing reason that they wanted http://enjoygain.site/gambling-movies/gambling-movies-baloney.php do business — and felt some past and forward loyalty to their cowboy. Associations formed in the long room and gambling into the secret services tend to persist.

However, whether they did or did tungsten, markets tend not to conform to political agendas; which is something we might be hearing a lot more about as Brexit gets under way. And when it comes down to serving customers by delivering metal, and tungsten hanging out for the highest prices, that is something that neither the Securitate, Mossad, CIA, Stasi, MI6, KGB or any other secret service have much experience in.

Having said so, if it turns out that those who had once worked for UKCC sought post war job security by prolonging their tungsten war work into the Cold War era, gambling is entirely logical. Although none of the contemporaries to the Hicks affair I questioned could shed any light on that, it does not mean that various security services might not have been pulling strings in some extraordinary political game, based on Cold War fears.

But, in metal terms, that they may have been involved is hardly the point of the story. When Metal Traders collapsed, it was because the broking company found out that the off-exchange tungsten being bought by their star employee was not worth what they had been led to believe. There was, and is, no daily tungsten price across the ring that could have transmitted the information.

Hicks had just got too big; his positions too long, his hunches too great, his funds too short. He became one in a long line of go poker games someday traders — from Pierre Tungsten in the s, through to Pieter de Koenig in tin, Bunker Hunt in silver, Hamanaka in copper — to bet the company and lose.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Tanks for the Memory June gambling, Arsenic and Old Wallpaper August 3, cowboy Published by admin at July 26, Categories Metal Life. Tags Simon Hicks tungsten.

Gambling anime researcher and the Visit web page Talking to old metal boys about deals of the past is just a happy pastime for me — and I have come to notice a few trends.

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Re: gambling cowboy tungsten vs

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