"What's wrong with the regular markets?"

"They just haven't got it. There never has been much to spare, and the armament boom has just been going through it like a steak through a shipwrecked sailor. And that consignment that was hijacked in Tennessee about a month ago did as much damage as putting an airplane factory oat of production for six months. It wasn't written up that way, but that's what it amounted to."

The incident he referred to had made enough headlines on its own merits, nevertheless. The sheer callous audacity of the job was obvious front-page material, and the value of the loot ranked it with the great robberies of all time.

Three glass-lined quart containers of iridium powder — the usual method of shipping the metal — were being flown from Brazil to the Fort Wayne laboratories of the Uttershaw Mining Company. They were transhipped from Pan American Airways at Miami; and there was another transfer to be made at Nashville, Tennessee. Since the consignment was insured for three hundred thousand dollars, its actual value, there were two armed guards provided by the insurance company to supervise the transhipment at Nashville; but it is certain that no trouble was expected. Perhaps it was because the value of the cargo was only dimly appreciated, in spite of the figures on the policy: iridium was just a word to most people, it wasn't like jewels or bullion or any of the well publicised forms of boodle that automatically bring exciting thoughts to mind. Perhaps the guards were negligent, or merely bored; perhaps the precautions were simply routine, and nobody took the idea of such an attack seriously. Anyway, the result was already history.

A car drove on to the airfield while the case containing the heavy flasks was being unloaded. The two armed guards were shot down before they even realised what was happening, the case was thrown into the car, and the raiders were gone again before any of the spectators had recovered enough to make a move. It had been as simple as that.

Fernack said: "What do you know about that job?"

"Only what I read in the papers."

"You think some of that stolen iridium is finding its way into the black market?"

"I wouldn't drop dead with shock if it was."

"Then it would really be a thieves' market."