M. de Choc Finger copper: past attempts to corner markets

The last mystery copper trade is not the first time that someone tried to accumulate the metal. Yasuo Hamanaka, called died: "M. Copper", has spent eight years in prison after confessing huge losses for more than ten years copper off-the-book deals that led to more than $2. 6bn losses.

Mr. Hamanaka has purchased a million tonnes of copper over a decade in a desperate attempt to follow the price. At any given time it was so metal - all 5mC supplies - only merchants worldwide he nicknamed Mr. copper.

Nicknamed "Choc Finger", Anthony Ward being a huge chunk of the supply of cocoa in the world in July. Mr. Ward has purchased 241 000 tonnes of cocoa beans and now has enough for the manufacture of 5.3 billion quarter-book chocolate.

Mr. Ward, which is about 36 million from £, occupies a large part of the market could compel manufacturers to increase the price of Britain's favourite chocolate bars.

Jay Gould and James Fisk conspired in the 1860s in a plot for the New York market financial gold angle.

Aware of the plot, President Ulysses s. Grant has authorized the Secretary of the Treasury Board to sell enough to destroy their plans .but speculation had already wrought havoc and caused first black nation Friday 24 September 1869.

The Congress was forced to put in the Act help the onion in August 1958 prohibiting the conclusion of the onion on the Chicago Mercantile Exchange. Onion prices had tilted heavily in 1955 of $2.75 per dollar - 15 cents more Prize bag bag with onions.

US farmers traders alleged aircraft trying to corner the market onion, which led to the Act passed.

The money market was temporarily cornered in 1979 and 1980, when Nelson Bunker Hunt and his brother William Herbert Hunt held derivatives of money representing approximately one-half of global annual production of silver.

In 1979, the silver price jumped $6 oz record time all the top $ 48. 70 oz.

But Hunt brothers had heavily borrowed to finance their purchases and the price dropped over 50pc in just four days, they could not meet their obligations, causing panic in the markets.

In 1989, Nelson Bunker Hunt has agreed to pay a penalty of up to 10 m $ and agreed to a ban on commercial products.

The beginning of the 1980s, Malaysia tried angle plate market, but had to abandon with huge losses. He hopes to raise price of Tin and force on the London Metal Exchange (LME) traders to buy merchandise, Malaysia at higher prices.

But the plan backfired when the LME modified some of its rules, whereas other producers provided supplies fresh and the United States has published its enormous inventory of Tin.

The Malaysia losses were never officially reported, although estimates of the market put as high as $ 500 million.


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