Reborn Capital Empire

Chapter 86: Gold Futures

Chapter 86 Gold Futures

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One day passed quickly, and the three-day New York station book signing event finally came to a successful conclusion. Guo Shouyun, who swore that he never wanted to experience the second time again, no matter how Christopher and Rowling persuaded him, he would never go to Philadelphia or other cities.

After seeing Neil Murray and Jessica off the next afternoon, while Christopher accompanied Rowling to Philadelphia, Guo Shouyun came to the office of Wall Street Phoenix Asset Management.

“It took nearly two months, and the funds of 400 million US dollars have been fully invested in the secondary market. Under the leverage of 5 times, we now hold 2.4 billion US dollars, or about 27.429 million shorts of Enron, on average. The price per share is 87.5 yuan!”

Looking through the information provided by William Zhang, Guo Shouyun nodded.

“The $60 million in August and the $60 million in September haven’t been put in yet?”

“No! There is not much news about Enron from the outside world. Once we suppress Enron’s stock price too hard, it is easy to cause Enron’s stock price to rebound. Once it exceeds the warning line we set, margin must be added. Let it guarantee an orderly fall, ‘boiled frogs’ in our best interest.”

“Has Enron Company been doing anything recently?” Guo Shouyun nodded and asked.

“Kenneth Lay and Geoffrey Skilling are still proclaiming to the outside world through the media that Enron’s stock price will reach $130, but in fact they are secretly selling Enron’s stock in private. These two guys, the federal government The law will put them in jail.” William Zhang said with disgust in his words.

Kenneth Lay and Jeffrey Skilling, one is the chairman of Enron, the other is the CEO of Enron, and the financial scandal of Enron is obviously directed by the two.

Unlike William Zhang’s hatred of the two, Guo Shouyun had little feeling for them. In the process of capital chasing, few people are clean.

“Have An Ran’s people approached you?”

They are manipulating billions of dollars to short Enron, and it is a securities lending operation, so they can’t hide it.

“Not yet! But some of my colleagues on Wall Street have made a lot of calls before.”

“When Enron’s stock price starts to fall, more people will call!”

“Many people are watching now, and our Phoenix just happens to be a weather vane. By the way, Boss. John Jamison, a senior partner at Goldman Sachs, wants to meet you!”

“People from Goldman Sachs?” Guo Shouyun frowned slightly, “Do you know why?”

“I don’t know for now. But I worked with him briefly when I was in *****. He is a sharp-eyed guy who made a fairly accurate analysis of the rise and fall of the Dow Jones during the 1992 economic crisis. estimate.”

Guo Shouyun nodded knowingly, took a few steps in William Zhang’s office, and after thinking for a while, “You promise me, make an appointment by the way. I also really want to know how this Goldman Sachs guy is looking for me. for what?”

“Yes!”

After settling down the meeting with John Jamison, Guo Shouyun temporarily put the matter behind him, and the moment he raised his head, his eyes narrowed.

“Is that the World Trade Center?”

After taking a look at the twin towers of the World Trade Center in the distance, William Zhang said with a smile: “If the boss likes it, we can move the company’s office there!”

“Forget it, I’m afraid of heights!”

Guo Shouyun immediately denied it. He finally set up the Phoenix Company, but he didn’t want it to be destroyed on 9/11.

“By the way, during this time, you helped me find two fund managers and set up two funds under Phoenix!”

“Set up two more funds?”

“Yeah!” Guo Shouyun nodded, “If Phoenix wants to grow, it’s impossible to use all my funds to support it. We need to use low-risk investment funds to attract customers!”

In the future, there will definitely be more and more companies in which he has a stake, and he can completely use his voice in these companies to take part of their funds in the bank and hand them over to Phoenix Asset Management Company for investment. Of course, Guo Shouyun’s control over these shareholding companies is definitely not as thorough as that of Matrix Films. Therefore, a low-risk asset management plan that can convince the board and management is extremely important.

With the foundation of these companies, and the performance of Phoenix itself, it is relatively easy to absorb external funds and companies. In this way, Phoenix has truly broken away from Guo Shouyun’s support and has become a large company in asset management with industry influence.

Moreover, with these funds as the foundation, it is also convenient for Guo Shouyun to occupy resources first when the funds are insufficient. For example, now he is optimistic about Goldman Sachs, but he has insufficient funds to acquire shares of Goldman Sachs. However, if the funds under Phoenix Asset Management are sufficient, they can first gather the medium-risk funds from the various funds under Asset Management, and take the shares of Goldman Sachs first, and wait until Guo Shouyun has sufficient funds. buy this share.

In this way, it is definitely easier to buy from other investment institutions than to switch from left to right.

“I will recruit the personnel in the shortest possible time.” William Zhang nodded.

“That’s good!” After a pause, Guo Shouyun glanced at the World Trade Center in the distance, with a hint of deepness in his eyes, “William, do you think the Nasdaq crisis has bottomed out now?”

William Zhang was stunned for a moment, unable to keep up with the rapid change in his thinking. But in the end, he is an elite who has been in the financial industry for decades. After thinking for a while, he said, “It should have reached the bottom, but the inflection point of the stock market has not yet appeared.”

“Is there still room for gold to fall?”

“gold?”

“Not bad!” Guo Shouyun nodded.

While ‘shorting Enron’ is a lucrative investment opportunity, Enron’s market cap is only $80 billion and its capacity is limited. Therefore, under the leverage of five times the leverage, Guo Shouyun’s investment in the short Enron project is limited to 3 billion to 4 billion US dollars.

In this way, it not only satisfies its own benefits, but also leaves enough opportunities for others. However, Guo Shouyun’s remaining funds need an investment direction, and gold is the best choice at present.

“After the Nasdaq crisis, gold is still in a downtrend. The current price of gold in the New York gold market is $273 an ounce. It is still relatively high relative to 1999. So I think with the market After the panic of the Nasdaq crisis has calmed down, there is still room for gold to fall further.” After a pause, William Zhang thought for a moment, “I think in the next two to three months, gold will fall to $260, or even lower. !”

“Can I understand that the best chance for gold in 2000 is to go short?” Guo Shouyun said clearly.

“Yes, but it’s better not to use high leverage, it’s too risky!”

Looking at William Zhang’s serious expression, Guo Shouyun nodded ~www.readwn.com~ In fact, he did not intend to go short, but wanted to find a suitable opportunity to enter the market to go long. Because from March to July 2001, it was the time when Argentina’s financial crisis broke out and deepened. Gold is sure to have a very big rally during this time.

In fact, for Guo Shouyun, the best opportunity to make money is to short the Argentine peso, or Argentina’s national debt, which is definitely more profitable than gold. However, Guo Shouyun is not Soros. The latter is playing finance. He can set off the 1997 Asian financial crisis without any scruples, and is reviled by Southeast Asian countries. But Guo Shouyun still has a lot of industrial assets. He does not want to offend the Argentine government too much and lose the market of this big South American country.

So, take the second place, gold has become the best choice.

After thinking for a while, Guo Shouyun turned around and said with a smile, “It seems that you are going to help me set up another hedge fund!”

“The boss really wants to invest in gold?”

“First invest 5 million US dollars and go short with twice the leverage. You come to grasp it!” Guo Shouyun said.

Five million dollars is just a test. If William Zhang’s prediction on gold is as accurate as he said, Guo Shouyun will enter the market later when the price of gold reaches 260 yuan per ounce. Otherwise, he will re-enter the market a month before the outbreak of Argentina’s financial crisis, according to his established plan.

“clear!”

William Zhang nodded seriously.

Guo Shouyun smiled and looked at the time.

“It’s noon, let’s go, I’ll treat you to lunch!”

“I know there is a good Chinese restaurant nearby!” William Zhang laughed.

“You are an ‘old horse who knows the way’, where to eat, I will listen to you!”…

Talking and laughing, the two left the office of Phoenix Asset Management Company.