High Stakes : How I Blew 14 Million

Nigel Goldman wrote the autobiographical High Stakes while in prison paying the price for two decades of risk-taking on the financial markets. Through his dealings in the tempestuous silver futures market and a sideline in rare coin investments, Goldman developed a taste for the champagne lifestyle. Desperate to maintain the high life, his deals became riskier and were increasingly financed by his clients' money. Taking advantage of trading loopholes and insider tip-offs, Goldman peaked with an account balance of 14 million but troughed with two spells in prison.The story begins with Goldman placing a 50 bet on the roulette table and walking away with 10,000. And so his adventures continue. There are personal trades, investment businesses, gold bullion deals, racehorses and an American gentleman who allows Goldman to play with his fortune on the New York Stock Exchange. But there are also Customs and Excise investigations and lifelong enemies waiting to exact their revenge.High Stakes provides a detailed insight into the little-known twilight world of insider-dealing and shows how the search for the ultimate win can lead to a life on the run.