America's Road to Wealth

Chapter 460 Income brought by hundreds of billions of principal



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

When it was first born, it mainly provided help to companies in need of funds.

However, it has developed over hundreds of years due to human greed.

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

Real financial practitioners will undergo huge psychological changes if they stay in the industry for a long time.

The modern financial industry is essentially an anti-human industry. People who stay there 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.

This can actually be seen from the fact that the financial industry is the industry where most executives commit suicide.

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

singapore,

Siloso Beach House.

Watching the USD/JPY fall back to the low of 126.400, it once again fell below the 10-day moving average and fell to the support position of the 10-day moving average.

At this point, USD/JPY has completely lost its ability to rebound.

And the news of the alliance between Morgan, Rockefeller and Smith finally began to spread crazily outward from the circle of a few people.

Abel, who took the lead in all this, smiled with satisfaction in the trading room, feeling extremely happy.

Although it's very tiring, fortunately everything is under control.

He pinched the chubby cheek of little Laura who couldn't quite understand it but was excited because of his smile.

in the latter's delighted expression.

Abel stretched his body, got up and drank a glass of juice, and then returned to his boss chair again, with his arms and legs tilted and the moon trembling.

Thinking of the miserable situation of the bulls in the international market now, Abel couldn't help but laugh.

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

But this time, what Abel was interested in was not monetary gains at all.

What he values ​​more is that from now on, Morgan and Rockefeller will most likely have to compromise with him when it comes to the Federal Reserve.

It's certainly fun for the overlord and giant to cut leeks.

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

And although USD/JPY needs to fall below 124.600, Abel can make a profit.

But compared with the previous peak, the floating loss was more than 60 billion US dollars.

The sharp reduction in floating losses now looks particularly exciting.

More importantly, USD/JPY obviously will 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 find support.

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

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

Hmm... I'm still losing money now.

9.6 million lots of USD/JPY. If leverage is not used at all, the principal would be US$960 billion...

Of course Abel doesn't have that much money now.

In addition, the Texas consortium does not have so much cash.

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

This time he used more than hundreds of billions of dollars in capital, both his own and that of the Texas consortium.

Use these hundreds of billions of dollars as a deposit for transactions.

Through various extremely complicated mutual authorization agreements and contracts, we can open accounts in hundreds of banks around the world.

Crazy leverage up to 8-15 times.

Hundreds of billions of dollars in principal have mobilized huge funds.

This allows him to compete with a large number of bulls.

To be honest, if the wealth of Rockefeller and Morgan cannot be moved.

If they would rather not make money than kill Abel.

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 of the battle.

If they really do that, more than half of Smith Capital's margin will be eaten up.

If it reaches hundreds of billions of US dollars, it will lose at least about 40 to 50 billion US dollars.

Unfortunately, in the face of the attractive US dollar bills, Rockefeller and Morgan could not resist the law of true fragrance.

They gave up spilling Abel's blood and chose another, more fertile battlefield.

This is the basis for cooperation between the two parties.

This is like a male tiger appearing on the grasslands of Africa and being besieged by a powerful pride of lions.

A pride of many male lions can certainly kill a solitary male tiger.

But there will definitely be damage within the pride, and what is ultimately obtained is only a few hundred kilograms of meat at most.

But what if the lions and the male tigers cooperated and deceived the hyenas who were surrounding them out of greed into a pit with only one exit.

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

If the hyenas in the pit want to survive, they can only attack the only exit as a group.

A trampling wave formed.

Perhaps most of the hyenas can escape at the expense of a large number of companions.

Lions and male tigers can also hunt happily.

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 foothold in the grassland.

It will affect the pride in the future.

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

Cooperation is really not a problem.

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

By the evening of that day.

Abel has 9.6 million USD/JPY short orders.

It has gone from a loss of more than 60 billion US dollars at its worst to a profit of more than 60 points, with a total profit of about 6 billion US dollars.

At this point, it’s not just Abel.

Everyone at Smith Financial Group in New York, London, and Singapore breathed a sigh of relief.

It was at this time that Abel walked out of the trading room with little Laura.

As a result, Abel saw this period of time.

David Mellon paid more than Abel and worked harder than Abel.

He has brought more than 40 of Smith's elite traders to surround both sides of the corridor.

As soon as they saw Abel coming out.

David was slovenly, his eyes were bloodshot, and his hair was as messy as a chicken coop.

Just like a teenager in middle school, he took the lead and knelt on the ground on one knee, shouting crazily:

Oh~ Our Majesty has come out with our queen! Knights, cheers to His Majesty! He has led us to win a World War-level battle again!

The kingdom of Smith Capital will expand thousands of miles again! Please let us cheer for our king and be excited for our king!

Under David's leadership, the state of hygiene was equally poor. But the traders, who were equally excited, followed David and knelt down to Abel and screamed.

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

Your Majesty, Your Majesty, Your Majesty! I am willing to follow you forever...

Wait a minute, wait a minute, I think we should be like this, look at me, we should be like this - Hey, Smith!

...

Well, the person in the back is in the modern West, and he is somewhat involved in orthodoxy and incorrectness.

And there is a high probability that he is German...

Not necessarily, maybe it's not necessarily a veteran KKK.

These traders in suits and ties look like super elite traders.

Abel was okay, but little Laura was obviously frightened.

Just get used to it and you'll be fine. Abel reassured her, They often do this.

Little Laura had heard that the corporate culture of her fiancé's Wall Street company was very special.

She didn't expect to be so special, so average, and look so...ashamed.

She saw her fiancé gently raise 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.”

One billion dollars. This time there will be one billion dollars as a reward for all of you.

Of course, the reward of 1 billion US dollars is not divided among the forty people in front of you.

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 once.

800 people share one billion U.S. dollars. On average, each person earns more than 1 million U.S. dollars.

But capitalism does not have a big-pot system.

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

However, there was at least 100,000 US dollars to be divided, so every trader cheered again, cheering until they were a little hysterical.

And little Laura, who heard all this, said mentally——

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

Abel and little Laura were sent out of the financial safe house by extremely excited traders.

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

The capital, Austin, is on the north side of the Colorado River, in a bush manor in a wealthy area.

Over in Singapore, it was around nine o'clock in the evening.

It's about eight in the morning here in Austin.

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 at Martin Elkins across from him arrogantly.

Next to Davis Brown is Rodriguez McKison.

In the middle of the living room sat little Laura's grandfather, Herbert, talking on the phone.

Next to the old man is little Laura's uncle Marvin.

On the sofa on the right side of the living room are Martin Elkins and Delin Richardson.

These four old men, plus Liam H.L. Hunter, who once took the initiative to seek refuge with Abel.

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

...Okay, I understand. Just be careful, Liam, and I wish you good health.

Herbert smiled and hung up the phone.

Then he looked at the four old people on the left and right sides and said with a smile:

Liam's illness hasn't recovered yet, so he won't be able to come today.

Although Liam H.L. Hunter was not young, like the old men here, he was occasionally sick for a few days throughout the year.

But like this time, he fell ill just as there was a quarrel within the Texas consortium.

That would be interesting.

However, as one of the five families, currently the one with the least financial resources.

It didn't matter to Davis whether Hunter came or not.

He looked at Martin Elkins, who had been punched several times by him in a fight with him a few days ago, and sneered and said loudly:

Herbert, it doesn't matter if Liam comes or not. I just want to ask Martin now. I want to ask, what did he mean last time when he said that I caused everyone to fall into the abyss! Martin Elgin Mr. Si, can you answer this question for me now?

was questioned by the aggressive Davis.

Martin Elkins felt a little pain in his face.

It hurts in a double sense.

The physical pain was from Davis a few days ago, and the mental pain was from being slapped hard in the face.

Martin didn't expect that things would develop like this.

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

The Texas consortium will also be affected and suffer along with it.

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

The Texas consortium that was originally going to suffer misfortune along with Abel Smith became one of the biggest beneficiaries of the financial crisis.

This made Martin Elkins, who had taken the lead in expressing dissatisfaction with Abel Smith a few days ago, now face the smiling Herbert and the questioning Davis.

Some don't know how to speak.

Martin took a deep breath and ignored Davis Brown.

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

What I did a few days ago was for everyone. I also cared about you, Herbert. I believe you understand, Herbert.

Davis wanted to speak, but Herbert had already said in advance with a smile:

Of course I understand. We are all in the same camp, and we cannot conflict with ourselves.

Yes, Herbert, you are absolutely right.

Martin Elkins didn't give Davis a chance to say something weird and immediately took over.

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

Now the posture is so low.

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

But Old Shrub has never been a quick-time person.

When Davis wanted to speak again.

Herbert had already smiled and said to his little son next to him:

Marvin, everyone may want to know the latest real-time situation on Abel's side. You know these better, so you can answer them.

Watch Herbert make his young son say this.

Davis, who wanted to criticize Martin some more, chose to shut up.

At this moment, Davis, like everyone else, wanted to know what the current situation was on Abel's side.

Because of the previous agreement, Abel has unlimited rights over the merged Smith Financial Group.

He had deprived everyone else of their financial power.

So this time, even the Texas consortium bosses like them only knew that Abel had been short selling and had suffered huge losses before.

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

They were too embarrassed to ask Abel.

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

In this case, none of the old guys who knew Abel's temper were willing to get into trouble.

They came to Herbert very early in the morning.

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

Face these old guys who dominate Texas.

Marvin Pierce Shrub has no stage fright.

He smiled and waved his hand, indicating to the assistant outside the door to bring the things in.

After receiving a piece of A4 fax paper sent by his assistant, Marvin lowered his head and looked at it, and then said in a clear and authentic voice:

This time, Smith Financial Group used a total of 108.5 billion U.S. dollars in funds. 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 13,659, and the number of banks with accounts is 356.

Well...let me get to the point. As of eight o'clock in the morning on April 13, 2002, Texas time, the combined net worth of all trading accounts was approximately US$123.6 billion.

Before Marvin Pierce Shrub's voice could continue, Davis Brown had already said urgently:

123.6 billion? Does that mean there is already a floating profit of US$15.1 billion?!!

Marvin Pierce smiled and nodded, then turned to look at his father.

He saw Herbert looking at him encouragingly.

Marvin then smiled again and said:

That's right, a floating profit of US$15.1 billion. And this is just the beginning. Gentlemen, please wait and see. The son-in-law of the Bush family will make amazing profits and gains for you 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 14th.

USD/JPY fell below 123.000.

on this day.

Neon Bank President Yu Hayami.

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

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

Hayami Yu-san, what on earth is going on?

In the solemn Congress Hall.

The representative of the Neon Constitutional Bankai faction looked at Yu Hayami with a gloomy face and said questioningly.

The reason why this representative was the first to ask questions was that he looked so bad.

It's not because of him that he really cares about Neon Bank's big loss this time.

Then came the neon yen and Japanese debt turmoil.

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

In this USD/JPY market.

This representative of the Riken-Shinzu faction, because he believed in Yu Hayami, invested hundreds of millions of neon yen himself and chose to go long USD/JPY.

The representative couldn’t figure out why this must-make money thing happened like this!

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

It can actually make USD/JPY fall all the way down.

The congressman’s own rat warehouse has already suffered an outrageous loss!

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

A member of the Neon Komeito faction also said angrily

Same as the constitutional democrat.

The congressman himself has a rat barn.

This mouse barn is quite heavy.

If he doesn't replenish the margin now, Mr. Congressman's account is about to explode!

This member of the Neon Komei faction really hates Hayashi Suiyu!

Hayami Yu-san, we summoned you here today because we want to ask you, how is the situation now?

At this time, the Speaker of the Neon Diet House of Representatives and the leader of the liberal democrats, Minio Watanuki, also asked coldly.

This Hayami Yu is really an idiot.

As one of Hayami Yu's supporters.

The Speaker felt that he had fallen into a big pit this time and could no longer escape.

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 skills, but if he has poor skills and a bad background, there is no way he can become the president of Neon Bank.

Since 1989, Mie Noyasu became president of Neon Bank.

Under Mie Noyasu's reforms, the power of the president of Neon Bank has become extremely high.

Mie Yeyasu is different from the previous presidents of Neon Bank. He has a strong personality and will not succumb to the wishes of the prime minister.

Before Mie Noyasu, the president of Neon Bank was the Prime Minister's economic strategy horse boy.

Since Mie Noyasu, with this guy's performance.

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

Yu Hayami, the current president, is certainly not as wild as The Man Who Bursts the Bubble Mie Noyasu.

Watanuki Minio wanted to use him as a scapegoat and let him help him bear the blame, but this was also wishful thinking.

In other words, although this first method is easy to use for Mitsuo Watanuki, it is difficult to implement.

Watanuki Minio felt that he could only choose the second option and follow Hayami Yu all the way to the end.

Yu Hayami, you said earlier that Morgan and Rockefeller were our allies. Why didn't they continue to buy? Instead of becoming big short sellers? You are such a fool.

A representative of the neon pro-democracy faction was too angry.

Regardless of what the Speaker had already said, he still looked at Hayami Yu and roared angrily.

The main reason was that they actually believed what Hayami had said before was so ridiculous.

But it turned out that this was just Hayami Yu's stupidity.

And take them with you to be stupid.

Not to mention Neon Bank, there are also losses for other Neon National teams.

What makes them even more heartbroken is that their own rat warehouses are now losing hundreds of millions of dollars each.

It's okay for the country to lose money.

It would be absolutely unacceptable for them to lose money.

Do you think the investment managers on Wall Street dare to make the big guys on Capitol Hill lose money?

Those who dare not, or those who dare, will be shot eight times from behind and die...

If cheating is not considered, the real stock gods in the United States are all on Capitol Hill.

The annualized returns one by one are inferior to those of Buffett and Soros.

Neon is actually the same, but this time many congressmen are playing more wildly.

A good neon stock market does not invest, but invests 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.

The blame lies solely on Yu Hayami, who in order to gain their support, made exaggerated claims about the prospects of cooperation with Morgan and Rockefeller.

Now the reality is backlash, and I am facing questions and curses from the big guys.

Hayami Yu lowered his eyes and lowered his head, allowing the representatives of the major factions to spray wildly.


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