America’s Road To Wealth

  Chapter 564 Smith's Trilateral Commission

  The meeting was held in the morning, and Buffett and Bloomberg, who came here on a special trip, were settled at noon.

  In the afternoon, Abel carried on his routine work as usual.

"...Judging from the monthly and weekly patterns, international spot gold has entered a new upward channel after breaking through the upper channel of the upward channel formed since October 2002 last week. There are signs that the international gold price will enter a period of acceleration. I call it the accelerated lane."

  In the conference room of Smith Capital, Abel leaned on the boss chair in an extremely relaxed posture, listening to his group of "Smith Knights" explaining.

  As the corporate culture of Smith Capital gradually took shape, "knights and kings" became the symbol of this major Wall Street investment bank.

  Although compared with other major investment banks, Smith Capital is still far behind in terms of numbers.

  But its impact on various industries, as well as its status on Wall Street, because of the existence of "King Smith", is not lost to other companies at all.

   It is even stronger than Goldman Sachs and Morgan Stanley in terms of appeal and fear.

   But it’s not like the past after all. The shotgun has been replaced by cannonballs, and Abel no longer needs to do everything himself.

  Now Smith Capital can act alone many times. Only when Abel thinks it is necessary, he will personally step in to direct.

   Or actions initiated by himself, he needs to work hard.

   Otherwise, Smith Capital, which has expanded to a total of more than 5,000 people and has more than 30 offices around the world, does not need Abel to invest too much energy.

   What Abel needs to do for Smith Capital now is generally the work of building a strategic location.

   Of course, in some big trends, such as large transactions such as international gold and oil.

  He will still care a little bit, see if Smith's knights have made any unforgivable mistakes, and then guide.

  The advantage of doing this is that it can avoid the reputation of Smith Knight and his king from being damaged on Wall Street, which will affect Smith Capital and his "golden body" as the king.

   Listening to David Mellon's report, Abel glanced at the briefing.

  This week is the 22nd trading week of this year, and the international gold price closed at US$11.96 per gram.

  However, the unit of gold used in the London and New York markets is the ounce, and one ounce is equivalent to about 28 grams.

   In other words, the international gold price this week is $334.38 per ounce.

  This price, compared to about $190 an ounce when Abel was just reborn, can be said to have risen a lot in less than 4 years, and it is not far from doubling.

   This kind of rise, there is no doubt that it has once again hit a record high. But even if there is no "talent", Abel knows that this height will continue to be refreshed.

  He vaguely remembered that a gram of gold seemed to cost more than 400 RMB before he was reborn.

   Calculated in U.S. dollars, that's about $1,700 an ounce.

  $334/oz is nothing now.

   But Abel did not give a statement, he continued to listen to the report of his subordinates.

  “...At present, from the technical point of view, after the price of gold enters the acceleration channel, its upper track may be a new pressure level. $420/oz can be used as a wave high point for this round of rise.”

  Hearing this, Abel nodded, feeling a little relieved.

  Because these subordinates, the calculated high point of this wave band is similar to the one judged by his talent.

  And they are not as talented as themselves, they are the results calculated through the market and inside information, as well as the corresponding technical models.

   This is the difference between hacking players and normal high-end players.

  This also means that at least now I have lost my talent.

  Smith's group of knights are still qualified in their professional skills, not like their own echoers at the beginning.

  Continuing to listen to David's report, Abel glanced at the briefing in his hand again.

  In the past year, the large amount of gold he held in his hands can be said to have made him a lot of money. The British branch also used the pound it held in its hands to stir up gold futures.

  Financial report As of last year, Smith Capital's profit in terms of gold was about 11 billion US dollars.

  But only five months or so have passed, and in the new fiscal year, Smith Capital's profit in this regard has now reached $90.

  The speed and extent of making money are much faster than last year.

   According to the future market, at least before the end of the year. This number will more than double again, and Smith Capital's financial report in this regard this year will be even better than last year.

   In terms of international gold harvest, Smith Capital is expected to reach more than 250 US dollars.

  This is an extremely exaggerated number, which will make Smith Capital even more dazzling.

  It will make the entire Smith Financial Group shine brightly in the industry.

   "What about crude oil? Who is in charge of crude oil futures?"

  After learning about the gold situation, Abel put aside the gold trading briefing in his hand and picked up the crude oil futures trading briefing next to him.

"I, the boss, is our team." As he spoke, a young man with a shiny back combed his hair and stood up. He quickly took out a picture from the folder on the table, handed it to the person next to him, and walked to the projection screen by himself. explain before.

  Unlike Abel’s other companies, Smith Capital has been long in parallel until now.

   It is not because David Mellon is the CEO of the head office that he will be able to hold great power.

   First of all, Jess is decentralizing power in Europe, and secondly, in the United States, there are other corresponding elites in different fields competing with David.

  David, the CEO, only enjoys the social influence brought by this position. In fact, the power is not as outsiders imagined.

  There are many reasons for this, one of which is the reason why David Mellon's surname is Mellon.

   After the split, Mellon has always been very close to Rockefeller and the others, especially the New York branch.

  So it was predestined for David to be separated.

   "Crude oil has maintained a strong momentum after breaking through the psychological pressure resistance level of 35 yuan/barrel, and closed at 41 dollars/barrel this week. In the just-concluded April, it set a record for a single-month increase in history."

"...Everyone has seen that crude oil is indeed entering an acceleration period. Although the increase is huge, judging from the weekly pattern, the k-line pattern is relatively uniform and the trend is stable. Now it will not be the last madness. I always think that only in the The end of a trend can only be judged after the final madness is completed, and the trend of gold is the same."

  Abel nodded, he knew very well that he was talented.

  Since George came to power, due to the continuous depreciation of the dollar, the world economy is suffering from the "pain of high oil prices".

  Since the beginning of this year, oil prices in the international market have been rising steadily, approaching historical highs.

   Among them, there is a large amount of speculative funds entering, but more importantly, it is the uncertainty factor in geopolitics—

  There is Afghanistan in the front, and Lakoi in the back.

  Although there were two wars, the Xiang Party’s external rhetoric insists that it has won. But the donkey party and the discerning people know that if they want to turn victory into spoils of war, the United States must continue to invest in military power and military expenditures.

   When will it be a head? I can't see it at all.

  These two wars transformed the situation in West Asia from stability to turmoil in the 1990s.

  West Asia is the most important oil producing area in the world.

  The superposition of these factors has caused too many speculators to invest their funds in oil.

  These all played a role in fueling the rise in oil prices.

   After the young man finished his report, Abel spoke again to make a summary:

"Let's set the profit point at US$49 per barrel. We can't be too greedy. No country will accept such a high oil price. US$50 may be the pressure line for countries to suppress it. We can't always let the local tyrants in the desert They make a profit, and after making a profit and fleeing, you can backhand short, remember not to be greedy, just leave after making a profit, I think there will be a big harvest.”

  Although oil prices will continue to rise, it is only 2003 after all.

   It will take at least two or three years before the ultra-high oil price approaches $100/barrel.

   In recent years, when all the industries in the United States have not been removed, and before the United States has transformed into an oil exporter.

  The United States is also a powerful thug to suppress high oil prices, so the "high price" of around US$49 a barrel is now the limit.

  If the oil price is really going to be high, it will have to wait until the financial capital in the United States successfully de-industrializes the United States before it really starts.

  When the world police doesn't need much oil to maintain its own industry, but instead starts to sell oil to make money as a resource country.

  The price of oil cannot be cheap, this is the reality.

  Aside from gold and oil, Abel didn't care much about Smith Capital's other investments.

  In other aspects, it is quite satisfactory. Smith Capital does the same business that other investment banks have.

  With the name of Abel and the endorsement of the already powerful Smith Financial Group, Smith Capital is only as good as Goldman Sachs in this area.

   Today's Smith Capital has entered a positive cycle.

   To put it bluntly, even if Abel loses his talent or hiccups by now.

  Smith Capital can also maintain its development. It may not be able to be the top six investment banks on Wall Street, but it can at least rank in the top 20 in the field of investment banking.

  Because the subsequent content boss is not interested, this regular meeting of Smith Capital has also come to an end.

  Others began to leave, and David and the other two leaders stayed to listen to the boss's remaining explanation.

Reaching out to pick up the coffee cup on the edge of the desk, he took a sip, smashed his mouth, and enjoyed the harmless sunlight coming in from the floor-to-ceiling windows next to him. Abel narrowed his eyes slightly, and looked lazily at David and the other two. Executive said:

   "A free gold market often reflects and measures the degree of confidence in the currency. Gold is a sensitive and accurate gauge for predicting future inflation, and has the unique ability to predict inflation better than consumer prices."

   "When inflation comes quietly, you can increase your gold holdings. Or ask yourself, has confidence in the depreciating dollar been restored? Has the current inflationary pressure in the United States and the world eased?"

  “If the answer is no, then where the international gold price will go, we don’t need to wait for others to tell us the answer.”

  David and the other two executives are nodding, and they are equally convinced.

  There are cheating bosses like Abel, what they have to do is to understand all the ways to make money, and give advice to young bosses, whether it is gold, crude oil, or other financial products.

  The rest is just to listen to the boss's orders, and then use your ingenuity.

   Chatted a few more words and explained what Smith Capital should pay attention to in international gold and international crude oil in the next few months.

   Then Abel let David and the others go out and called in several important people in charge of Alan and Smith Wisdom.

  Smith Intelligence Group has grown from seven people at the beginning to a medium-to-large company with a total of thousands of people and more than a dozen offices around the world.

  The current business of this company covers a wide range.

  For example, one of them is mainly responsible for keeping an eye on the various investments made by the boss's funds, and making predictions and risk assessments every day.

  There is another item, which is to evaluate the assets that the boss is interested in, make an acquisition plan or even make an acquisition, including but not limited to an antique car or a company with a market value of tens of billions of dollars.

   But in summary, the only job of the owner of this company is to revolve around the boss Abel Smith.

  They only need to be responsible to Abel, not to the Texas consortium, let alone to other companies in the Smith department.

  They are Abel's "Military Aircraft Department", "Study Room", and "Cabinet".

  Many of these elites have already gone out and served as middle and high-level managers in other companies of the Smith family and the Texas consortium.

   This made this company secretly nicknamed "Smith's West Point Military Academy".

  It means that people who come out of this company will be more trusted by the "principal" Abel Smith.

  The middle and high level of the Smith Department composed of these people will also allow Abel to have real control over most of the assets under his name.

   There will be no large-scale overhead of his boss.

   "The reason for letting a few of you come here is very simple. I think you all know that Smith Wisdom Company is going to reorganize."

  To Allen and the others, Abel said directly: "After the restructuring, you will be both my think tank and my trilateral committee. It's as simple as that."

  As soon as the boss's words fell, the senior executives of the Smith Intelligence Group present all showed joy.

   Think tanks or something, that's what they do. But they'd be too excited if the "Smith's Trilateral Commission" thing came to fruition.

   On the surface, the Trilateral Commission of the United States is an international non-governmental policy research organization established in 1973, composed of scholars from 14 countries in North America, Western Europe, and Neon, as well as political and economic dignitaries.

  According to regulations, the representatives of these three regions take turns as the host meeting every 9 months.

The Rockefeller consortium and the Morgan consortium in the United States, the Deutsche Bank consortium in Europe, the BNP Paribas consortium, the Anglo-Dutch Shell oil consortium, Toshiba Electric, Sumitomo Chemical, Nippon Steel, Nissan Motor, Neon Seiko, and Neon The chairman or manager of Electric, Hitachi, Matsushita Electric, and Toyota are members of the organization.

  Former U.S. President Carter and officials who once held important positions in the government, such as Brzezinski and Vance, are also members of the Trilateral Commission.

do you understand? If you don't get it, let's put it this way - in fact, this thing is "Rockefeller, Morgan and their international dogs..."

  It is an organization that the united Morgan and Rockefeller are used to manipulate and influence regions and consortiums that they can influence in the world, and at the same time control the interior.

   It can be regarded as the realization of the international influence of the Morgan Rockefeller Consortium.

  If Smith Wisdom can become Smith's trilateral committee, it means that its power will become more stable and stronger on the current basis.

  How can people like them be unhappy?

  Looking at these people, including Allen, they are trying to suppress their excitement as much as possible.

  Abel smiled, this is actually his preparation for the joint consortium.

  He's thinking bigger now.

  Since it is a joint consortium, why must it be an American joint consortium instead of a world joint consortium?

  As long as you can focus on yourself, you can make your voice louder and more influential.

  The scale is of course the more the better.

  The reorganized Smith Wisdom Company is one of the preparations he intends to control and influence the world consortium in the future.

  (end of this chapter)