America’s Road To Wealth - Vol 2 Chapter 458

Chapter 458 The benefits brought by the principal of 100 billion

When it was first born, the financial capital market was basically good.

When it was first born, it was mainly to help companies that needed capital.

However, it has been developed for hundreds of years, under the greedy nature of human beings.

The global financial market has basically turned into a super casino.

Real financial practitioners will undergo tremendous psychological changes after staying in the industry for a long time.

The modern financial industry is essentially an anti-human industry. People who stay in it for a long time will gradually become abnormal and become less human.

What the movie “The Wolf of Wall Street” describes is just the tip of the iceberg.

It can be seen from the fact that the financial industry is the industry with the most executive suicides.

Fortunately, Abel is a cheater, after all, he is different from others.

Singapore,

Siroso Beach Villas.

Watching the dollar/yen fall back to the low of 126.400, it fell below the 10-day moving average again and fell to the support of the 10-day moving average.

At this point, USD/JPY has completely lost the power to rebound.

And the news of Morgan, Rockefeller, and Smith’s union finally began to expand crazily from the circle of a few people.

Abel, who led all this, smiled with satisfaction in the trading room, feeling extremely refreshed.

“Although it is very tiring, fortunately everything is under control.”

He pinched little Laura’s chubby cheek beside him, who couldn’t quite understand it, but was excited by his smile.

In the latter’s happy expression.

Abel stretched his waist, stretched his body, got up and drank a glass of juice, and then returned to his boss chair again, tilting Erlang Yuetui, Yuetui trembled.

Thinking of the tragic situation of those bulls in the international market, Abel couldn’t help laughing.

Yes, this time Morgan and Rockefeller may have gained more than him.

But what Abel is looking at this time is not money and figures at all.

What he values ​​more is that since then Morgan and Rockefeller have a high probability of compromising with themselves on the matter of the Federal Reserve.

It is very cool for the overlord to cut leeks.

But from today onwards, it will not be so easy for the leeks to look at the scenery like this time.

Although USD/JPY would have to fall below 124.600 for Abe to be profitable.

But compared with the previous highest time, the floating loss was more than 60 billion U.S. dollars.

The sharply reduced floating losses now seem extremely exciting.

More importantly, USD/JPY will obviously not stay at the 124 line for long this time.

In such a huge market, confidence has completely collapsed.

It’s not that easy to back up.

Looking at the information displayed on the screen, Abel was very happy.

At this moment, he already holds 9.6 million short positions of USD/JPY, and the average position opening point is above 125.000.

Hmm…it’s still a loss.

9.6 million lots of USD/JPY, if no leverage is used at all, the principal needs to be 960 billion US dollars…

Of course Abel doesn’t have so much money now.

With the Texas consortium, there is not so much cash.

So there is no doubt that he used a very exaggerated leverage multiple.

This time he used himself and the Texas consortium’s funds exceeding hundreds of billions of dollars.

Using these hundreds of billions of dollars as a margin for transactions.

Through various extremely complex mutual authorization agreements and contracts, accounts are opened in hundreds of banks around the world.

Crazy leverage up to 8-15 times.

The principal of hundreds of billions of dollars leveraged huge funds.

This allows him to play against a large number of bulls.

To be honest, if Rockefeller and Morgan can’t move their wealth.

If they would rather kill Abel than make money.

Then wait for USD/JPY to rise above the 130 line.

There is a high probability that Abel will choose to surrender and lose half.

If they really do that, Smith Capital will eat up more than half of the deposit.

Hundreds of billions of dollars, at least a loss of about 40 to 50 billion dollars.

Unfortunately, in front of the tempting dollar bills, Rockefeller and Morgan couldn’t bear the law of true fragrance after all.

They gave up shedding Abel’s blood, and chose another more fat battlefield.

This is the basis for cooperation between the two parties.

It’s like a male tiger that appeared on the grasslands of Africa and was besieged by a powerful group of lions.

A lion group with many male lions can certainly kill a single male tiger.

But there must be damage inside the lion pride, and what can be obtained in the end is at most a few hundred kilograms of meat.

But if the lions and the male tigers cooperate, they will trick the hyenas who are surrounded by greed into the pit with only one exit.

Then the lions and the male tiger cooperated to guard the only exit.

The hyenas in the pit want to survive, they can only attack the only exit in groups.

The trampling tide was formed.

Perhaps most of the “hyenas” were able to escape at the expense of a large number of companions.

Lions and tigers can also be hunted and killed.

No matter who it is, the harvest far exceeds those hundreds of kilograms of meat.

Although doing so may allow male tigers to gain a firm foothold in the grassland.

It will affect lions in the future.

However, with so much meat in front of them, it is really hard for the lions to refuse this temptation.

Cooperation is really not a problem.

USD/JPY is still falling, and the tide of trampling is getting bigger and bigger.

It was the evening of the day.

Abel has 9.6 million USD/JPY short positions.

It has changed from a loss of more than 60 billion U.S. dollars at the worst time to a profit of more than 60 points, with a total floating profit of about 6 billion U.S. dollars.

At this point, it’s not just Abel.

Spread in New York, London, and everyone in Smith Financial Group on the Singapore side, all breathed a sigh of relief.

At this time, Abel walked out of the trading room with little Laura.

As a result, Abel has seen it since this time.

David Mellon, who pays more than Aberdeen and works harder than Aberdeen.

He has brought more than 40 of Smith’s elite traders, surrounded on both sides of the corridor.

As soon as they saw Abel come out.

David is sloppy, bloodshot eyes, and messy hair like a chicken coop.

Like a middle school boy who fell ill, he took the lead and knelt on the ground on one knee, yelling frantically:

“Oh ~ our majesty, came out with our queen! Knights, cheers to your majesty! He led us again and won a battle of world war level!”

“The Kingdom of Smith Capital will expand its borders again! Please let us cheer for our king and cheer for our king!”

Under David, hygiene was also poor. But the traders who were equally excited, one by one, followed David and knelt down on one knee to Abel and yelled.

“Oh, Your Majesty… I am honored to follow you in this life. This is really the greatest gospel that God has sent to me!”

“Your Majesty, Your Majesty, Your Majesty! I am willing to follow you forever…”

“Wait a minute, I think we should, look at me, we should—hi Smith!”

“…”

Well, the latter person is in the modern West, and is somewhat politically incorrect.

And there is a high probability that it is a German…

Not necessarily, maybe it is not necessarily a veteran triple K.

This group of suits and leather shoes usually look like traders in the shape of super elites.

Abel is okay, little Laura was obviously taken aback.

“Just get used to it.” Abel reassured her, “They often do this.”

Little Laura has heard that her fiancé’s company on Wall Street has a very special “corporate culture”.

She didn’t expect to be so special, so secondary, looking so… shameful.

She saw her fiancé gently raised his left hand, and dozens of traders and David immediately fell silent.

“A king will not fail his knights, just as God will not fail his people.”

“A billion dollars. There will be a billion dollars this time, as a reward for all of you.”

The reward of 1 billion US dollars is certainly not divided among the forty or so people in front of me.

In New York, there are more than 400 traders who have struggled together for so long.

There are also more than 300 in London.

This time Abel used almost 800 people to be able to operate so many positions and foreign exchange contracts at one time.

800 people are divided into one billion U.S. dollars, and the average is more than 1 million U.S. dollars per person.

But capitalism does not engage in such a system.

Of course, some people will get more and some will get less.

But at least 100,000 US dollars can be divided, so every trader cheered again, cheering to a little hysterical.

Little Laura, who heard all this, expressed in her mind—

【Well, this is too generous, too generous. For the sake of so much money, no matter how shameful it is, someone will definitely be willing. 】

Abe and little Laura, being sent out of the financial safe house by the extremely excited traders.

A few hours later, Texas, 16,000 kilometers away from Singapore.

The capital city is Austin, on the north side of the Colorado River, in a shrub estate in a rich area.

In Singapore, it was about nine o’clock in the evening.

Austin here, it’s about eight o’clock in the morning.

In the large living room, Davis Brown was sitting on the sofa on the left side of the living room.

The old man was looking “arrogantly” at Martin Elkins opposite.

Davis Brown next to Rodriguez McKison.

In the middle of the living room sits little Laura’s grandfather Herbert, who is on the phone.

Beside the old man’s house is little Laura’s uncle Marvin.

On the right side of the sofa in the living room are Martin Elkins and Derin Richardson.

These four old men, plus Liam H.L. Hunter, who once came to the door and took refuge in Abel.

The five of them are the original Texas consortium, the heads of the five core families.

“…Okay, I see. Then you pay attention, Liam, and I wish you good health.”

Herbert smiled and hung up the phone.

Then he looked at the 4 old people on the left and right, smiled and said:

“Liam’s illness is still not healed, so he can’t come here today.”

Although Liam H.L. Hunter is not young, like the old men present, he will occasionally be sick for a few days throughout the year.

But like this time, it just happened to get sick when there was a quarrel within the Texas consortium.

That’s a bit interesting.

However, among the five families, the financial resources are currently the most shallow.

Whether Hunter comes or not, Davis thinks it doesn’t matter.

He looked at Martin Elkins who had fought with him a few days ago and was severely punched by him, and said loudly with a sneer:

“Herbert, it doesn’t matter if Liam comes or not. I just want to ask Martin now. I want to ask what he meant when he said last time that I let everyone fall into the abyss! Martin Elgin Mr. Si, can you answer this doubt for me now?”

Was questioned by the aggressive Davis.

Martin Elkins felt a little pain in his face.

Pain in a double sense.

The physical pain was hammered by Davis a few days ago, and the heartache was severely slapped in the face.

Martin did not expect that things would develop like this.

He originally thought that this time Abel Smith would be dealt with severely by Morgan and Rockefeller.

The Texas consortium will also be affected, and bad luck will follow.

I didn’t expect the situation to change so much.

The Texas consortium that was supposed to follow Abel Smith and get unlucky together has become one of the biggest beneficiaries of this financial turmoil.

This makes Martin Elkins, who took the lead in expressing dissatisfaction with Abel Smith a few days ago, now facing the smiling Herbert and the questioning Davis.

Some don’t know how to speak.

Martin took a deep breath and ignored Davis Brown.

He smiled and looked at Herbert with a flattering tone, and said softly:

“The way I looked a few days ago was also for everyone. I also cared about you, Herbert. I believe you understand, Herbert.”

Davis wanted to speak, but Herbert smiled and said in advance:

“Of course I understand. Everyone is in the same camp, and we can’t conflict with ourselves.”

“Yes, Herbert, you are quite right.”

Martin Elkins did not give Davis a chance to say strange things, and immediately took over.

Herbert looked at Martin Elkins, who had always been in a higher tone in front of him before.

Now the posture is so low.

Herbert didn’t say anything, but he was very happy in his heart.

But Old Bush has never been one to flaunt one’s quickness.

When Davis wanted to speak again.

Herbert already smiled and said to the youngest son next to him:

“Marvin, everyone may want to know the latest real-time situation on Abel’s side. You know these things better, so let you answer them.”

Watch Herbert make his young son say this.

Davis, who still wanted to spray Martin a few more words, chose to shut up.

At this moment, Davis, like everyone else, wants to know what is going on with Abel.

Because of the previous agreement, Abel has supreme rights to the merged Smith Financial Group.

He deprived others of their financial power.

So this time, even they, the Texas consortium bosses, only know that Abel has been shorting and suffered huge losses before.

They only know a vague idea of ​​what will happen after the market reverses.

They were too embarrassed to ask Abel.

Because even Davis Brown was blaming Abel when the situation was most critical.

In this case, none of the old guys who knew Abel’s temper were willing to make trouble.

They rushed to Herbert’s side early in the morning.

I just want to know the specific situation on Abel’s side through Herbert.

Confront these old men who rule Texas.

Marvin Pierce Shrub is not at all stage frightened.

He smiled and waved, signaling the assistant outside the door to bring things in.

After receiving a piece of faxed A4 paper from his assistant, Ma Wen looked down, and then said in a clear and clear voice:

“This time, the Smith Financial Group spent a total of 108.5 billion U.S. dollars. Among them, Smith Bank 56.8 billion, Smith Insurance 18.5 billion U.S. dollars, and the rest are Abel Smith’s personal funds…”

“The total number of trading accounts is 13659, and the number of banks is 356.”

“Well… Let me talk about the key points. As of Texas time, 8:00 am on April 13, 2002. The net value of all trading accounts is about 123.6 billion U.S. dollars.”

Without waiting for Marvin Pierce Bush’s voice to continue, Davis Brown said urgently:

“123.6 billion? That’s a floating profit of 15.1 billion U.S. dollars?!”

Marvin Pierce nodded with a smile, and turned to look at his father.

He saw Herbert looking at him encouragingly.

Marvin smiled again and said:

“That’s right, a floating profit of 15.1 billion U.S. dollars. And this is just the beginning. Gentlemen, please wait and see. The son-in-law of the bush family will earn you amazing profits and benefits this time.”

It’s really just the beginning.

Everyone in this living room knows that USD/JPY will continue to fall.

The floating profit of 15.1 billion is not the end, it is definitely just the beginning.

April 14.

USD/JPY fell below 123.000.

on this day.

Neon Bank President Hayami Yu.

was also called to No. 7-1, 1-chome, Nagata-cho, Chiyoda-ku, Tokyo.

In this building, Yu Hayami has to accept questions and adjustments from members of the Neon Congress.

“Hayami Yu-san, what’s going on here?”

In the solemn National Assembly Hall.

The representative of the neon constitutional dish cooker looked at Yu Hayami with a gloomy face, and said questioningly.

The reason why this representative was the first to question him was that his expression was so bad.

It’s not because of him, he really cares about the big loss of Neon Bank this time.

And the ensuing, neon yen and Japanese debt turmoil.

It’s because Mr. Representative, he has a good personal relationship with Yu Hayami.

In this USD/JPY market.

The representative of the constitutional dish cooking school, because he believed in Yu Hayami, he himself invested hundreds of millions of neon yen and chose to go long USD/JPY.

means I can’t figure out why this time, something that must make money will be done like this!

This time, Neon Bank has taken a long position of nearly several million lots of USD/JPY.

It can actually make the dollar/yen fall all the way.

The congressman’s own mouse warehouse is already losing money!

“Hayami Yu-san, why did you make the disk look like this? We need an explanation!!”

A member of the Neon Gongming faction also said angrily

Same as the constitutional democrat.

This congressman himself set up a rat warehouse.

This mouse cage is relatively heavy.

If he doesn’t replenish the margin now, then the account of Mr. Representative is about to go bankrupt!

This Neon Gongmei faction really hates Hayamiyu now!

“Hayami Yusan, we summoned you here today to ask, how is the situation now?”

At this time, the speaker of the House of Representatives of the Neon Congress, Mian Guanminfu, a leader of the Liberal Democrats, also asked coldly.

This Yu Hayami is such an idiot.

As one of Hayami’s supporters.

The speaker felt that he had fallen into a big pit this time and could no longer jump out.

Now there are only two ways, one is to throw Yu Hayami out and take the blame.

The problem is that Yu Hayami has good roots, but if he has a bad background, he can’t be the president of Neon Bank.

Since 1989, Mie Noyasu became the president of Neon Bank.

Under Mie Yeyasu’s reform, the power of the president of Neon Bank has become extremely high.

Mie Yasushi is different from the previous President of Neon Bank. He has a strong personality and will not succumb to the wishes of the Prime Minister.

Before Mie Yasushi, the president of Neon Bank was the prime minister’s economic strategy “horse”.

Since Mie Noyasu, under the performance of this guy.

The current president of Neon Bank has almost surpassed the Minister of Finance of Neon in some aspects of power.

The current president, Yu Hayami, is certainly not as wild as the “man who burst the bubble” Mie Noyasu.

Mian Guanminfu wanted to use him as a scapegoat and let him carry the blame for himself, but it was also wishful thinking.

That is to say, the first method is easy for Minfu Watanuki, but it is difficult to implement.

Minfu Watanuki felt that he could only choose the second method, and follow Yu Hayami all the way to the dark.

“Yu Hayami, earlier you said that Morgan and Rockefeller were our allies. Why didn’t they continue to buy? They became big shorts instead? You are such an idiot.”

A representative of the Neon Progressive Party, because he was too angry.

Regardless of the speaker’s speech, he still looked at Yu Hayami and roared angrily.

The main reason is that what Hayami said in the first place was so hypnotic, they actually believed it.

But it turns out that this is nothing but Yu Hayami’s stupidity.

also took them to go stupid.

Not to mention Neon Bank, there are other losses of the Neon National Team.

What makes them even more heartbroken is that their own mouse warehouses are now losing tens of millions of dollars.

It’s okay to let the country lose money.

Letting them lose money is absolutely impossible.

Look at the investment managers on Wall Street, do they dare to let the bigwigs on Capitol Hill lose money?

Those who dare not, or those who dare count as one, will be killed by eight gunshots behind them…

If you don’t consider cheating, all the real stock gods in the United States are on Capitol Hill.

The annualized rate of return one by one, slamming Buffett and Soros.

Neon is actually the same, but this time many councilors played wildly.

Instead of investing in the good neon stock market, they invested their money in the international foreign exchange market.

They can control the market conditions in Tokyo.

But they have no way to control the international foreign exchange market.

If you want to blame, blame Hayami Yu before. In order to gain their support, he called the prospect of cooperation with Morgan and Rockefeller this time a hype.

Now the reality is backlash, facing the questioning and scolding of the bosses.

Hayami Yu lowered his eyes and lowered his head, letting the representatives of the various factions spray wildly.

(end of this chapter)