America’s Road To Wealth

  Chapter 281 Crazy Smith in the eyes of Soros

  Don’t mention the interaction of those British dignitaries on the Victoria cruise ship.

  Abel and his convoy left the Thames and drove into London.

  London is not only the heart of the United Kingdom, but also the heart of the whole of Europe.

  In bustling London, countless roads criss-cross, and various buildings stand on both sides of each road.

  It's late at night, and little Laura is a little tired.

  The convoy returned to the Savoy Hotel.

  The Duke Suite on the fifth floor of the Savoy Hotel. The facilities here are not so much a luxury suite in a hotel, but rather an interior room in a castle with a typical aristocratic style in the Middle Ages.

  Everything looks very old, very European, full of medieval taste.

  Abel is not very fond of these.

   But little Laura liked it very much. After she moved in in the afternoon, she was very satisfied with this place.

  When she came in again at night, she continued to appreciate the layout of the room with great interest.

  Abel took out a bottle of xo from the wine cabinet, which is the top brandy.

  He personally doesn't like to drink, mainly because he can't taste the good taste of wine.

  Take out the wine glass tonight, that's for a purpose.

  Abel asked, "Drink?"

   "Okay, but I'll take a shower first." After finishing speaking, little Laura entered a bedroom in the suite.

   This duke suite has three bedrooms.

  Abel turned the lights to dim, put a few ice cubes in the glass, and poured half a glass of spirits.

  Panoramic floor-to-ceiling windows,

  In the distance is Tower Bridge.

Feel,

atmosphere,

   are here.

  Maybe you can stop drinking.

  He had a smile on his face.

  This is England, London, not America.

  Catherine and Marcus and other Secret Service staff did not come in outside.

   In this room, only he and little Laura are left.

  I have known her for more than half a year, and the relationship has been confirmed for more than four months.

   Judging from the relationship between the fish and the fish breeder, little Laura is already the longest fish in his pond.

  The fish breeder doesn't want to wait anymore.

  He took out the prepared key from his pocket and walked to the door of Little Laura's bedroom.

  The door was locked as usual.

  Since the last time, this little girl has been very wary of him.

  I have always insisted that at least I have to wait until after the engagement before I can really touch him.

   Regarding the engagement, the Smith family and the Bush family have actually already negotiated.

   will be held this Christmas.

  At that time, it happened that the two had known each other for a year, so it was a bit commemorative.

   Neither Abel nor little Laura objected.

  That is to say, if you want to listen to little Laura, Abel will have to endure it for at least five months.

  If he is in the United States, he can bear it. But now it's in London, and the members of the Bush family are assured that she will come with them.

   Then why hesitate?

  Abel inserted the prepared door key, and the door opened with a sound.

  With a smug smile on his face, he walked towards the bathroom where the door was not closed, and the sound of water and little Laura's singing came from outside.

   Halfway through, he had already started to take off his clothes, and when he walked to the door of the bathroom, there was only a pair of big underpants left under him.

"what!"

  Little Laura found her boyfriend standing at the door of the bathroom, and she screamed in fright.

Then…

   (This is the car to the kindergarten, 10,000 is omitted here, when 5,000 is ordered and when to write)

the next day.

  Abel never left the Savoy Hotel and was always by her side.

  The girl's grievances finally dissipated a lot.

  But just because Abel didn't go out, it doesn't mean that the entourage who followed him are idle.

  Except for some staff members of Rock Security.

  Abel’s advisory group has almost all come out during this period, and they have been active in the UK, mainly in London.

  The third day.

  Abel did not go out, and stayed with little Laura in the hotel.

   Since then, the two have officially lived together.

  The fourth day, noon.

  Abel still didn't go out all morning.

  But an unexpected guest came to the door.

   When the unexpected guest came to the door, Abel was teaching little Laura.

   "Why did Soros come?" Little Laura was curious.

   "I want him to come. Haha~" Abel touched her head, "Let's go, let's go see him."

   Ten minutes later.

   The two appeared together in front of George Soros.

  The meeting place is on the sofa in the lounge next to the lobby of the Savoy Hotel.

  This hotel has been temporarily reserved by Abel.

  At present, except for some waiters, all of them are staff of Rock Security.

  George Soros is seventy-one years old this year.

  The old guy's hair is all white, and his eyebrows are half white.

  Looks a little rich, looks like a kind-hearted old man.

  Only in terms of appearance, who would have thought that this old man in front of him has harvested the wealth of so many small countries with a financial scythe for more than ten years.

   It has fed Wall Street, international hot money, and oilman capital indirectly.

  On the sofa in the hotel lobby, the two sides shook hands and sat down respectively.

   Soros spoke first.

  The old guy spoke English with an obvious accent, and after sitting down, he said with a smile:

   "Mr. Smith. I didn't expect you to come to London. It seems that the attraction of London is really great, so big that it attracted us all."

   "Yes." Abel responded with a smile:

   "After all, this is the time when the sun never set. It is one of the most prosperous financial cities in the world. Who among us financiers doesn't like London?"

   "Hahaha~" Soros laughed.

   After the laughter stopped, the oilman's top tycoon, Wall Street's financial sword said softly:

   "Mr. Smith, I think we can join forces this time. You should understand that a Norwegian kingdom is worth ten Siamese."

  Hearing what the old guy said, Abel raised his eyebrows.

   Abel knew what the old guy was talking about.

  I also know why Soros suddenly found himself.

   Even Abel stayed at the Savoy Hotel these days and did not go out.

   In fact, it means waiting for Soros.

  Because of Soros' operations on the Kingdom of Norway, he obviously encountered setbacks.

  Norway is, after all, different from Southeast Asia, or even Han.

  It is first and foremost a European country, and it is also one of the countries with the best economy in the Nordic countries.

  Secondly, they were also great powers back then. The ancestors were also robbers, and the wealth that the ancestors robbed was still accumulated in their country.

   What's more, there are rich oil and gas resources, which is more important than anything else.

  This gives the country greater financial and economic confidence.

   In addition, the European Union, which has been doing nothing, finally extended a helping hand and signed a 100 billion euro currency swap agreement with Norway.

   Coupled with Norway's own confidence, Norway has withstood Soros's first and second waves of attacks.

   Seeing that the strong attack was fruitless, Soros temporarily stopped his actions and began to prepare for the third wave of attacks.

  Looking at this, the old guy tried to attack the Kingdom of Norway to no avail, and wanted to join forces with himself.

   Abel thought this in his heart, and then he said:

   "The Kingdom of Norway is more delicious than Siam. But George, is it okay for me to call you that? You can also just call me by my first name."

   "Of course." Seventy-one-year-old Soros looked at twenty-one-year-old Abel with a smile.

   "Abel, just like you said. The Kingdom of Norway is even more delicious than the Kingdom of Han. The previous few times you didn't participate because you were too young. Do you really want to miss it this time?"

   "Then how could it be?" Abel smiled:

   “Aren’t I shorting NOK? My total investment in USD/NOK has reached $80 billion.”

   "George, I've got as much money in as you. I'm also short Norwegian Krone."

  Soros thought, can this compare?

  The financial sword of Wall Street plays spot foreign exchange.

  Because only in this way can a country's monetary system be defeated.

   Thus achieving the effect of dollar tidal plunder.

  The main method is to use US dollars as collateral to lend Norwegian krone to the world and even Norway, and then dump Norwegian krone wildly outside.

  This will make the supply of Norwegian krone exceed demand within a certain period of time, and the value of the currency will involuntarily drop, and it will start to go short.

   At this time, in order to stabilize the national currency system, the normal means of the Kingdom of Norway is to use foreign exchange to buy back the Norwegian krone on the market.

   These foreign currencies, usually US dollars or British pounds, fell into the hands of Soros and others who were short-selling.

  The price difference here is Soros' profit.

  This kind of practice is called spot foreign exchange trading. It means that Soros and his colleagues are too big, so big that many countries can't handle it.

   Abel is long USD/NOK and looks like he is also short the Kingdom of Norway.

   But strictly speaking, this is not the case at all.

  Because Abel is doing foreign exchange futures contract betting.

  In other words, Abel is in the foreign exchange market, playing futures betting with other players in the currency exchange table of USD/NOK.

   It has an impact on the spot foreign exchange of NOK, but the impact is far less than that of Soros.

   Simply put, the Kingdom of Norway is a village that prints its own money and spends it. Soros took the money from the outside and went in to dump the money from the village.

  If he succeeds, the money in this village will become very worthless, and the currency system will collapse.

  Abel stood outside the village, betting with a bunch of other gambling monsters on whether Soros would succeed.

  In general, this is the difference. If it is detailed, it is estimated that financial graduates will explain it.

  This is the difference between spot foreign exchange and foreign exchange futures contracts.

   It’s just that in many cases, futures contracts can also be converted into spot foreign exchange transactions.

  Soros said that he wanted to join forces with Abel, because he wanted Abel to cash out the futures betting position contract and turn it into a real foreign exchange transaction.

  As soon as this happened, Abel became like Soros, directly standing up and shorting the Kingdom of Norway.

   It's not like Abel is now, but the exchange rate of Norwegian krone is the result of the gambling.

  Although Abel did this, he was actually bearish on the Norwegian krone, which had a great impact on the exchange rate of the Norwegian krone.

   But no matter how influential it is, it is still not as good as Soros, who does it with real knives and guns.

   This is the difference between the two in Norwegian krone at this time.

   "Dear Mr. Smith, are you sure you really don't want to take a bite?"

  Soros was not discouraged, the old guy continued to encourage Abel:

   "We have many allies this time. We have more friends than when I was in Southeast Asia and Han."

  Abel knew what Soros said was true.

  In fact, Soros alone, plus the power of some oilman financial capital.

   It is impossible to get rid of the British pound in 1991.

   It is also impossible to beat Southeast Asia and the Han country a little later.

  At that time, I worked with Soros.

   is the power of the entire Wall Street, plus the financial power of Europe and even Neon.

   These guys, collectively known as international hot money, swarmed up and frantically biting to complete the achievement.

  Soros is just the spearhead of the charge, the one who blows the horn.

  When the old guy said these words, he was telling Abel.

  This time for the Kingdom of Norway, international hot money will also enter the market.

  Maybe most of them have already entered the market.

   They and Soros are very happy to cooperate.

   As long as it is profitable, even own financial capital within the Kingdom of Norway.

  May all attack their own motherland.

  This is financial capital, which is more terrifying than ordinary capital, and the purpose of existence is to proliferate infinitely.

   is the most terrifying money power ever created in human history.

   Even the occurrence of World War I and World War II has traces of their existence.

  The only way to escape their shadow and claws is to close the country financially.

  Even the doors are closed, so naturally they are not afraid of their wreak havoc.

   But even so, they still knock on the door from time to time outside

   Like a ghost knocking on the door.

   Retracting his scattered thoughts, Abel said softly:

   "George, you said that yourself. Then you should understand that I am the same as these friends of yours. As long as the circumstances are right. You understand."

  Soros laughed, this Wall Street financial sword, felt that he knew what Abel meant.

   "That's it." Soros looked at Abel, "Then I understand. I wish us a happy cooperation."

  Soros reached out to Abel.

  Abel reached out and shook his hand, but he did not respond to his happy cooperation, but said with a smile:

   "I've been in London for almost four days, and I haven't been out much. Dear George, I'm going to the Exchange this afternoon. How about you?"

   "I'm going to the exchange too." Soros said, "I'm preparing ammunition."

   "How about going together?" Abel said with a smile.

   Soros did not refuse.

  Abel took little Laura with her, and the little girl didn't speak the whole time.

  She just kept smiling and acted as the most beautiful vase.

  Little Laura knew that in this situation, it was the most correct thing to do.

   A group of people waited, and soon came to the City of London.

  The abbreviation of the City of London is the City of London, which is one of the 33 counties in the Greater London area.

  It is located on the east side of the famous St. Paul's Cathedral in London, covering an area of ​​2.6 square kilometers, also known as "Square Mile".

   This square mile of land is also known as the City of London due to the gathering of a large number of financial institutions such as banks, stock exchanges, and gold markets.

  Soros came here, originally planning to go to the futures exchange and the stock market.

   But Abel is going to the gold market.

   I don’t know what Soros thinks. The old guy turned his head and followed Abel to the gold exchange.

  London Gold Market has a long history, and its development history can be traced back to more than 300 years ago.

  In 1804, London replaced the Amsterdam Exchange in the Netherlands as the center of the world's gold trading.

  In 1919, the London Gold Market was formally established, and gold pricing was carried out twice a day in the morning and afternoon.

  The five major gold houses jointly set the gold market price of the day, which has always affected gold transactions in New York and other parts of the world.

  The most famous of these is the so-called London gold trade.

  London Gold Trading is one of the most active futures and spot markets in the world with the largest trading volume and the largest daily trading volume.

  Generally speaking, London gold is priced in US dollars and measured in imperial ounces.

  Gold quotations are based on Dow Jones international quotations, mainly based on spot gold prices in the London market.

   One ounce of gold equals 31.1035 grams. The daily price is xxxx USD/oz.

  Similar to other futures markets or foreign exchange markets, the London gold market also uses a margin trading model.

   Only need to pay a small deposit, you can conduct large transactions, which is the best way to attract small and medium-sized customers.

   Cut it open to see, this is actually to attract leeks to be cut.

   Otherwise, if the entry threshold is too high, young leeks will not be able to enter.

   Who will the dealers cut off?

   Can't fight civil war all day long?

  The gold market is also similar to the foreign exchange market and other futures markets. London gold can also be traded in two directions, which can be bought up or down.

  You can either buy first or sell first.

  So no matter how the gold price fluctuates, investors always have room to make a profit.

  As long as it is within the global trading hours, the transaction can be completed instantly.

  Because it is a market maker system, there is no question of whether someone will take orders, unlike stocks that will be locked up.

  Strictly speaking, the London gold market is not an actual trading place, but an invisible market formed by the sales network of major gold merchants.

  Exchange members are composed of five major gold merchants including HSBC, Scotiabank, Rothschild International Investment Bank and Deutsche Bank, as well as some companies that are recognized as qualified to buy gold from them.

   Then extend to various processing manufacturers, small and medium-sized shops and companies.

   During the transaction, the gold merchants quote the buying price and selling price according to their respective buying and selling orders.

  You can choose the purity and weight of gold. If the customer requests to sell it in a distant area, the gold merchant will also quote the freight and insurance fee, and also quote the futures price according to the customer's request.

  The most popular way to buy and sell London gold is that customers can buy spot gold without paying cash, and only need to pay according to the agreed interest rate when it matures, but at this time customers cannot obtain physical gold.

   This way of buying and selling gold is just a number game on the accounting books until the customer performs the opposite operation to close the position.

   This is a huge investment plate in the investment world, which is comparable in size to the foreign exchange market and whose daily trading volume exceeds that of the stock market.

   Today is July 24th, the 4th day of Abras London.

   So many days are already enough for his people to figure out this side.

  His advisory group, plus some Smith Capital staff, are already in the London gold market.

   Get him a special room, which is the safe trading room of Smith Capital here.

   A group of people, etc., naturally entered this room with an area of ​​more than 150 square meters, which was filled with telephones and many computers.

  When everyone arrived, there were already 60 traders in the safe room, waiting for them.

   Some of these traders were brought over from New York.

  The other part is recruited locally.

  They have all gone through half a month of adaptation, since Abel wanted to come here, these people have appeared.

  In the safe trading room, Soros also followed.

  The old guy only brought two followers, and he also stayed in the room after obtaining Abel's permission.

  Abel did not shy away from Soros, because the old oilman handed over all the contact tools very sensibly.

  The shielding device in the room was also activated.

  At this moment, in this room, except for the limited wired communication, other signals are blocked.

  It is not impossible to let Soros watch here.

  The old guy has already gone through the security check, and there are still people watching him and his people

  In the safe house.

   Without David Mellon, Abel plays himself.

  Abel said calmly: "According to the original plan, we are divided into 20 groups. Each group holds a position of 500 million US dollars, uses the margin trading model, directly uses 10 times leverage, and buys London gold with a multi-party transaction order."

  London Gold is a holy land for speculators and a meat grinder for long and short fights.

  Every day, countless people achieve financial freedom here, and countless people are bankrupted and liquidated.

  You can enter the market from $1,000, with 100 times leverage, and a one-point rise or fall is $100.

  If it falls by about 7 points, it will be forced to close the position. For example, the current price is 257.92 to 257.85. It is simply 7 points, not a percentage.

  60 traders are divided into 20 operation groups.

  Each group has 500 million 10 times leverage, which is equivalent to 100 billion US dollars of funds.

  1 point profit and loss is $62 million.

  Little Laura is not very familiar with the financial field, so she can be called a noob.

  She couldn't understand how much gold and how dangerous Abel's orders were.

  She just sounds cool and feels very professional.

  But just because little Laura can't understand, doesn't mean that other people can't understand.

  As one of the giants of Wall Street, Soros himself is a trader, of course he is very clear about these.

  Oiler Capital’s financial tycoon naturally knows what Abel just said means what it means.

   Hearing the operation method explained by Abel, he couldn't help breathing a little bit.

  This. How strong a heart must be to dare to play like this?

  Such a huge amount of money, such a high leverage. To be honest, Soros felt that if it were him, he would never dare to do it.

  Soros does more spot foreign exchange transactions, with the goal of directly plundering the wealth of small countries.

  Soros has never seen the London gold investment that Abel showed in front of him this time.

   Those with small amounts of funds, one or two thousand dollars or tens of thousands of dollars.

   Playing with such high stakes is not unusual at all, and there is nothing to say about it.

  But Abel has such a large amount of funds, but still plays such an exciting game. The risk is so high that Soros feels that he can't afford it.

  If the international gold futures price really plummeted after Abel made the move, the loss

  The loss seems not too big?

   20 groups, each group’s funding of 500 million US dollars, add up to a total funding of 10 billion US dollars.

  Soros thought in his mind that he would only lose 8.4 billion if all positions were closed, and there would be at least 1.6 billion left.

   And how is it possible to close the position?

   At least a drop of more than 14% will trigger forced liquidation.

  Soros has never played such an exciting ultra-short-term investment.

  But it is also clear that London gold cannot fall so much in a single day unless it encounters a very terrifying black swan.

  Thinking about Abel doing this, it seems quite reliable, only ten times the leverage, not a lot

   After a frantic inner complaint, Soros was not so shocked... No wonder!

  Even from Soros' point of view, he felt that Abel's transaction this time was a mess.

  There is no way to invest like this.

  I don’t build positions in advance, just pick up the gun and get on the horse.

  This kind of investment method and operation style is simply unheard of.

   Soros, who saw Abel's operation method for the first time, was a little numb.

  Under the arrangement of Abel, 100 billion US dollars of funds quickly entered London Gold.

  Such a large amount of funds, such a crazy entry speed.

   Even though it is the afternoon, the trading volume is the craziest time of the day, and the market has a trading volume of about US$5 trillion to US$8 trillion at this time.

   But the entry of 100 billion US dollars is already very conspicuous.

   It's like pouring a load of stones into a pond, and the entire market is attracted to it.

   Fortunately, the market is big enough, and a load of pebbles poured into the pond will not affect the situation of the pond for the time being.

   "Don't worry, just wait."

   After Abel finished explaining, his face was calm. Even if he had just traded for a short time, there was a floating loss of 184 million US dollars on the book, London gold was still falling slowly, and the short sellers were fierce.

  He didn't care, and turned his head to look at Soros, "It may be very boring in the future. If the result is to be produced, it will be at night at the soonest. If it is slow, it may be tomorrow morning."

   "George. You won't be leaving until evening at least."

  Soros also understands the rules of the financial safe house, and the old guy sits directly on the sofa in the middle.

   "I can wait. I know the rules." George Soros said.

   "Are you sure?" Abel said, "Wait a minute, but I will walk away for a while and check the situation later."

  Hearing what Abel said, Soros couldn't help but said:

   "You still have to go? Such a large trading volume, such a huge amount of funds, such a volatile market. Are you not here to watch?"

   "I have a measure." Abel responded with a smile.

   “It was the same in New York. I spent very little time in the company, and I always had my CEO on the phone, carrying out my orders.”

   Soros felt that his eyes were opened today.

  First, I saw the same investment style as Abel and a layman.

   To put it bluntly, it is like a gambler's operation.

   Then I learned such an "inside secret" of Smith Capital.

   But such an outrageous person and such an outrageous company, as far as Soros knows, it takes less than two years for more than one year.

   Such outrageous people and companies have made tens of billions of dollars.

   is richer than his own net worth.

  The Oilman financial boss is already a little suspicious in his heart.

   Do you have to be a gambler like Abel to make so much money in such a short period of time?

  Soros doesn't believe it. If this is the case, it is really unreasonable.

   "I'll stay here. I want to see what will happen to your crazy operation." Soros decided.

"as long as you are happy."

   "Only after I leave. They probably won't let you go. Safe house system, you know."

  Soros nodded, "Of course I understand. Don't worry, since I came in to watch, I will abide by the rules."

   "Not only you, but also the two of them."

  Abel pointed to the two followers of Soros, who seemed to be bodyguards.

  The two white men are tall and burly, not losing to the Four King Kong.

   "Of course." Soros smiled.

  Little Laura, who was standing behind Abel, couldn't help feeling a little worried.

  She is not very clear about the reliability of the financial safe house, and feels that it is not very reliable to put Soros in it.

  (end of this chapter)