America's Road to Wealth
Chapter 281 Crazy Smith in the Eyes of Soros
Chapter 281 Crazy Smith in the Eyes of Soros
Not to mention the interaction of those British dignitaries on the Victoria cruise ship.
After Abel and his convoy left the Thames, they drove into London again.
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 was late at night, and little Laura was 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 old, very European and medieval.
Abel wasn't too keen on these.
But little Laura liked it very much. After she moved in in the afternoon, she was very satisfied with it.
When she came in again at night, she continued to appreciate the layout of the room with the same 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 ducal 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 windows,
In the distance is Tower Bridge.
feel,
Atmosphere,
It's all here.
Maybe you can stop drinking.
There was a smile on his face.
This is England, this is London, this is no longer America.
Secret Service staff such as Catherine and Marcus did not come in outside.
In this room, only he and little Laura were left.
I have known her for more than half a year, and the relationship has been confirmed for more than four months.
Judging by the relationship between the fish and the fish farmer, little Laura is already the longest fish in his pond.
Fish farmers don't want to wait any longer.
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.
As for the engagement, the Smith family and the Bush family have already negotiated.
It will be held this Christmas.
At that time, it happened that the two had known each other for a year, so it was a little commemorative.
Neither Abel nor little Laura objected.
In other words, if he had to listen to little Laura, Abel would have to endure it for at least five months.
If 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 reached the door of the bathroom, only a pair of big underpants were left under him.
"what!"
Little Laura screamed when she spotted her boyfriend standing in the bathroom door.
then……
(This is the car to the kindergarten, 5000 is omitted here, when [-] 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 Abel didn't go out, so it didn't mean that the entourage who followed him were idle.
Except for some staff members of Rock Security.
During this period, Abel's advisory group has almost come out in full force, and they have been active in the UK, mainly in London.
Day three.
Abel continued not to 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 uninvited guest came to the door.
Abel was teaching little Laura when the unexpected visitor came.
"Why did Soros come?" Little Laura was curious.
"What I want is for him to come. Haha~" Abel touched her head, "Let's go, let's go see him."
ten minutes later.
The two appeared together before 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 booked by Abel.
At present, except for some waiters, all of them are staff of Rock Security.
George Soros is 71 years old this year.
The old guy's hair was all white, and his eyebrows were half white.
He looks a little rich, and looks like a kind-hearted old man.
In terms of appearance only, 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, fed international hot money, and indirectly fed oilman capital.
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 we are all attracted here."
"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 would not like London among us financiers?"
"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 didn't go out.
In fact, it means waiting for Soros.
Because of Soros' operation on the Kingdom of Norway, it was obvious that he encountered setbacks.
After all, Norway is different from Southeast Asia, or even Han.
It is first and foremost a European country, and it is 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 quiet for a long time, finally extended a helping hand and signed a 1000 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 attack was fruitless, Soros temporarily stopped his movements and began to prepare for the third wave of attacks.
From what it looks like, the old guy is attacking the Kingdom of Norway to no avail, and he wants to join forces with himself.
Abel thought this in his heart, and then he opened his mouth and said:
"The Kingdom of Norway is more delicious than Siam. But George, is it okay for me to call you that? You can also call me by my first name."
"Of course." The 71-year-old Soros looked at the 21-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 the Norwegian krone? My total investment in USD/NOK has reached $800 billion.”
"George, I've got as much money in as you. I'm short Norwegian Krone, too."
Soros thought to himself, can this be compared?
The financial sword of Wall Street plays spot foreign exchange.
Because only in this way can a country's monetary system be defeated.
So as to achieve 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 cause the supply of Norwegian krone to exceed demand within a certain period of time, 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 so big that many countries cannot handle it.
Abel is long USD/NOK and it looks like he is also short the Kingdom of Norway.
But strictly speaking, this is not the case at all.
Because what Abel is doing is betting on foreign exchange futures contracts.
In other words, Abel is betting against other players in the foreign exchange market with the USD/NOK currency pair.
It has an impact on the Norwegian krone's spot foreign exchange, 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 monetary system will collapse.
Abel stood outside the village, betting with a bunch of other monsters on whether Soros would succeed.
In general, this is the difference. In detail, 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 position contract of futures betting and turn it into a real foreign exchange transaction.
In this way, Abel became like Soros, who directly stood up and shorted the Kingdom of Norway.
It's not like Abel is now, but the exchange rate of Norwegian krone is the result of the game.
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 swords 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. More friends than when I was in Southeast Asia and Han."
Abel knew Soros was telling the truth.
In fact, Soros alone, plus a part of the power of oilman financial capital.
It is impossible to lie down on the British pound in 91.
It is also impossible to beat Southeast Asia and the Han Kingdom a little later.
At that time, I worked with Soros.
It is the power of the entire Wall Street, plus the financial power of Europe and even Neon.
It was the achievements of these guys, collectively known as international hot money, who swarmed up and smashed madly.
Soros was just the spearhead of the charge, the one who sounded 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.
Probably most of them have already entered the market.
They and Soros are very happy to cooperate.
As long as it is profitable, even the Kingdom of Norway owns its own financial capital domestically.
Maybe they will all attack their own motherland.
This is financial capital, which is more terrifying than ordinary capital, and its purpose of existence is to proliferate infinitely.
It 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.
Withdrawing his scattered thoughts, Abel said softly:
"George, you say that yourself. Then you should understand that I am just like 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 reaches out to Abel.
Abel reached out and shook his hand, but he didn't respond to his happy cooperation, but said with a smile:
"I've been in London almost four days, and I haven't been out much. My 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."
"Then how about going together?" Abel said with a smile.
Soros did not refuse.
Abel took little Laura with him, 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.
The group 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 thought.The old guy turned his head and followed Abel to the gold exchange.
The 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 officially 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 markets and spot markets with the largest trading volume and the largest daily trading volume in the world.
Generally speaking, London gold is priced in U.S. dollars and measured in imperial ounces.
The gold quotation is based on the Dow Jones international quotation, which is mainly based on the spot gold price in the London market.
One ounce of gold is equal to 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.
It is the best way to attract small and medium-sized customers by only paying a small margin to conduct large-value transactions.
Looking at it when it is cut open, this is actually to attract leeks to be cut.
Otherwise, if the entry threshold is too high, the young leeks will not be able to enter.
Who will the dealers cut off?
It can't be civil war all day long, can it?
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.
Therefore, no matter how the gold price fluctuates, investors always have room for 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 the order, 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.
The members of the exchange are composed of five major gold merchants including HSBC, Scotiabank, Rothschild International Investment Bank and Deutsche Bank, as well as some companies recognized as qualified to purchase gold from them.
Then extend to various processing manufacturers, small and medium-sized shops and companies.
During the transaction, gold merchants quote the buying and selling prices according to their respective buying and selling orders.
The purity and weight of gold can be selected. If the customer requests to sell in a distant area, the gold merchant will also quote the freight and insurance premium, 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 that is comparable in size to the foreign exchange market and whose daily trading volume exceeds that of the stock market.
Today is July 7th, the 24th day of Abras London.
So many days are already enough for his people to figure out this side.
His advisory group, plus some staff from Smith Capital, is already in the London gold market.
A special room was set up for him, which is the safe trading room of Smith Capital here.
A group of people waited, and 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, and these people have appeared since Abel wanted to come here.
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 also didn't shy away from Soros, because the old oilman handed over all the contact tools very sensibly.
The shielding in the room was also switched on.
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 played by himself.
Abel said calmly: "According to the original plan, we are divided into 20 groups. Each group holds a position of 5 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 bankrupt and liquidated.
You can enter the market from $1000, with 100 times leverage, and a one-point rise or fall is $100.
If it falls by about 7 points, the position will be forced to close. For example, the current price is 257.92 to 257.85. It is simply 7 points, not a percentage.
60 traders were divided into 20 operation groups.
Each group has 10 million 1000 times leverage, which is equivalent to [-] billion US dollars of funds.
1 point profit and loss is $6200 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 sounded cool and felt very professional.
But if little Laura can't understand, it doesn't mean that other people can't understand.
Soros, as one of the giants on Wall Street and a trader himself, is of course very clear about these.
The oilman capital financial boss naturally knows what Abel just said 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.
What Soros does is more spot foreign exchange transactions, the goal is to directly plunder 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.
It's not surprising at all to play with such high stakes, and there's nothing to say about it.
But Abel has such a large amount of funds, but still plays so excitingly, 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 would be
Doesn't seem like a big loss?
20 groups, each with $5 million in funding, adds up to a total of $100 billion in funding.
Soros thought in his mind that he would only lose 84 billion if all positions were closed, and there would be at least 16 billion left.
And how is it possible to close the position?
At least a drop of more than 14% will trigger forced liquidation.
Soros has never played such an exciting ultra-short-term investment.
But it is also clear that unless there is a very scary black swan, it is impossible for London gold to have such a large drop in a single day.
Thinking about it this way, it seems quite reliable for Abel to do this, only ten times the leverage, not a lot
After a frantic inner complaint, Soros was not so shocked... It's strange!
Even from Soros' point of view, he felt that Abel's deal this time was a mess.
How can there be such an investment.
They don't build positions in advance, and they just pick up the gun and get on the horse.
This kind of investment method and operation style is simply unheard of.
Soros, who saw Abel's operation method for the first time, was a little numb.
Under Abel's arrangement, 1000 billion US dollars of funds quickly entered London Gold.
Such a large amount of funds, such a crazy entry speed.
Even though it is the afternoon, when the trading volume is the craziest of the day, the market has a trading volume of about US$[-] trillion to US$[-] trillion at this time.
But the entrance of 1000 billion US dollars is already very conspicuous.
It was like pouring a load of pebbles into a pond, and the entire market was attracted.
Fortunately, the market is big enough, and a cart full of pebbles poured into the pond will not be able to control the situation of the pond for the time being.
"Don't worry, just wait."
After Abel finished his explanation, his face was calm. Even if he had just traded for a short time, there was a floating loss of 1.84 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 might be boring in the future. If the result is to come out, it will be at night at the soonest. If it is slow, it may be tomorrow morning."
"George. You can't leave until evening at least."
Soros also understood the rules of the financial safe house, and the old guy sat down directly on the sofa in the middle.
"I can wait. I know the rules," said George Soros.
"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 today was an eye-opener.
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 about 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 a year.
Such outrageous people and companies have made tens of billions of dollars.
Richer than his own net worth.
The oilman financial boss is already a little skeptical 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 didn't believe it. If so, it would be too 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. The 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 Soros' two followers, who seemed to be bodyguards.
The two white men are tall and big, 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 didn't know the reliability of the financial safe house, and felt that it was not very reliable to put Soros in it.
(End of this chapter)
Not to mention the interaction of those British dignitaries on the Victoria cruise ship.
After Abel and his convoy left the Thames, they drove into London again.
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 was late at night, and little Laura was 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 old, very European and medieval.
Abel wasn't too keen on these.
But little Laura liked it very much. After she moved in in the afternoon, she was very satisfied with it.
When she came in again at night, she continued to appreciate the layout of the room with the same 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 ducal 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 windows,
In the distance is Tower Bridge.
feel,
Atmosphere,
It's all here.
Maybe you can stop drinking.
There was a smile on his face.
This is England, this is London, this is no longer America.
Secret Service staff such as Catherine and Marcus did not come in outside.
In this room, only he and little Laura were left.
I have known her for more than half a year, and the relationship has been confirmed for more than four months.
Judging by the relationship between the fish and the fish farmer, little Laura is already the longest fish in his pond.
Fish farmers don't want to wait any longer.
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.
As for the engagement, the Smith family and the Bush family have already negotiated.
It will be held this Christmas.
At that time, it happened that the two had known each other for a year, so it was a little commemorative.
Neither Abel nor little Laura objected.
In other words, if he had to listen to little Laura, Abel would have to endure it for at least five months.
If 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 reached the door of the bathroom, only a pair of big underpants were left under him.
"what!"
Little Laura screamed when she spotted her boyfriend standing in the bathroom door.
then……
(This is the car to the kindergarten, 5000 is omitted here, when [-] 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 Abel didn't go out, so it didn't mean that the entourage who followed him were idle.
Except for some staff members of Rock Security.
During this period, Abel's advisory group has almost come out in full force, and they have been active in the UK, mainly in London.
Day three.
Abel continued not to 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 uninvited guest came to the door.
Abel was teaching little Laura when the unexpected visitor came.
"Why did Soros come?" Little Laura was curious.
"What I want is for him to come. Haha~" Abel touched her head, "Let's go, let's go see him."
ten minutes later.
The two appeared together before 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 booked by Abel.
At present, except for some waiters, all of them are staff of Rock Security.
George Soros is 71 years old this year.
The old guy's hair was all white, and his eyebrows were half white.
He looks a little rich, and looks like a kind-hearted old man.
In terms of appearance only, 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, fed international hot money, and indirectly fed oilman capital.
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 we are all attracted here."
"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 would not like London among us financiers?"
"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 didn't go out.
In fact, it means waiting for Soros.
Because of Soros' operation on the Kingdom of Norway, it was obvious that he encountered setbacks.
After all, Norway is different from Southeast Asia, or even Han.
It is first and foremost a European country, and it is 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 quiet for a long time, finally extended a helping hand and signed a 1000 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 attack was fruitless, Soros temporarily stopped his movements and began to prepare for the third wave of attacks.
From what it looks like, the old guy is attacking the Kingdom of Norway to no avail, and he wants to join forces with himself.
Abel thought this in his heart, and then he opened his mouth and said:
"The Kingdom of Norway is more delicious than Siam. But George, is it okay for me to call you that? You can also call me by my first name."
"Of course." The 71-year-old Soros looked at the 21-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 the Norwegian krone? My total investment in USD/NOK has reached $800 billion.”
"George, I've got as much money in as you. I'm short Norwegian Krone, too."
Soros thought to himself, can this be compared?
The financial sword of Wall Street plays spot foreign exchange.
Because only in this way can a country's monetary system be defeated.
So as to achieve 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 cause the supply of Norwegian krone to exceed demand within a certain period of time, 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 so big that many countries cannot handle it.
Abel is long USD/NOK and it looks like he is also short the Kingdom of Norway.
But strictly speaking, this is not the case at all.
Because what Abel is doing is betting on foreign exchange futures contracts.
In other words, Abel is betting against other players in the foreign exchange market with the USD/NOK currency pair.
It has an impact on the Norwegian krone's spot foreign exchange, 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 monetary system will collapse.
Abel stood outside the village, betting with a bunch of other monsters on whether Soros would succeed.
In general, this is the difference. In detail, 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 position contract of futures betting and turn it into a real foreign exchange transaction.
In this way, Abel became like Soros, who directly stood up and shorted the Kingdom of Norway.
It's not like Abel is now, but the exchange rate of Norwegian krone is the result of the game.
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 swords 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. More friends than when I was in Southeast Asia and Han."
Abel knew Soros was telling the truth.
In fact, Soros alone, plus a part of the power of oilman financial capital.
It is impossible to lie down on the British pound in 91.
It is also impossible to beat Southeast Asia and the Han Kingdom a little later.
At that time, I worked with Soros.
It is the power of the entire Wall Street, plus the financial power of Europe and even Neon.
It was the achievements of these guys, collectively known as international hot money, who swarmed up and smashed madly.
Soros was just the spearhead of the charge, the one who sounded 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.
Probably most of them have already entered the market.
They and Soros are very happy to cooperate.
As long as it is profitable, even the Kingdom of Norway owns its own financial capital domestically.
Maybe they will all attack their own motherland.
This is financial capital, which is more terrifying than ordinary capital, and its purpose of existence is to proliferate infinitely.
It 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.
Withdrawing his scattered thoughts, Abel said softly:
"George, you say that yourself. Then you should understand that I am just like 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 reaches out to Abel.
Abel reached out and shook his hand, but he didn't respond to his happy cooperation, but said with a smile:
"I've been in London almost four days, and I haven't been out much. My 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."
"Then how about going together?" Abel said with a smile.
Soros did not refuse.
Abel took little Laura with him, 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.
The group 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 thought.The old guy turned his head and followed Abel to the gold exchange.
The 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 officially 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 markets and spot markets with the largest trading volume and the largest daily trading volume in the world.
Generally speaking, London gold is priced in U.S. dollars and measured in imperial ounces.
The gold quotation is based on the Dow Jones international quotation, which is mainly based on the spot gold price in the London market.
One ounce of gold is equal to 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.
It is the best way to attract small and medium-sized customers by only paying a small margin to conduct large-value transactions.
Looking at it when it is cut open, this is actually to attract leeks to be cut.
Otherwise, if the entry threshold is too high, the young leeks will not be able to enter.
Who will the dealers cut off?
It can't be civil war all day long, can it?
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.
Therefore, no matter how the gold price fluctuates, investors always have room for 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 the order, 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.
The members of the exchange are composed of five major gold merchants including HSBC, Scotiabank, Rothschild International Investment Bank and Deutsche Bank, as well as some companies recognized as qualified to purchase gold from them.
Then extend to various processing manufacturers, small and medium-sized shops and companies.
During the transaction, gold merchants quote the buying and selling prices according to their respective buying and selling orders.
The purity and weight of gold can be selected. If the customer requests to sell in a distant area, the gold merchant will also quote the freight and insurance premium, 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 that is comparable in size to the foreign exchange market and whose daily trading volume exceeds that of the stock market.
Today is July 7th, the 24th day of Abras London.
So many days are already enough for his people to figure out this side.
His advisory group, plus some staff from Smith Capital, is already in the London gold market.
A special room was set up for him, which is the safe trading room of Smith Capital here.
A group of people waited, and 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, and these people have appeared since Abel wanted to come here.
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 also didn't shy away from Soros, because the old oilman handed over all the contact tools very sensibly.
The shielding in the room was also switched on.
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 played by himself.
Abel said calmly: "According to the original plan, we are divided into 20 groups. Each group holds a position of 5 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 bankrupt and liquidated.
You can enter the market from $1000, with 100 times leverage, and a one-point rise or fall is $100.
If it falls by about 7 points, the position will be forced to close. For example, the current price is 257.92 to 257.85. It is simply 7 points, not a percentage.
60 traders were divided into 20 operation groups.
Each group has 10 million 1000 times leverage, which is equivalent to [-] billion US dollars of funds.
1 point profit and loss is $6200 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 sounded cool and felt very professional.
But if little Laura can't understand, it doesn't mean that other people can't understand.
Soros, as one of the giants on Wall Street and a trader himself, is of course very clear about these.
The oilman capital financial boss naturally knows what Abel just said 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.
What Soros does is more spot foreign exchange transactions, the goal is to directly plunder 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.
It's not surprising at all to play with such high stakes, and there's nothing to say about it.
But Abel has such a large amount of funds, but still plays so excitingly, 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 would be
Doesn't seem like a big loss?
20 groups, each with $5 million in funding, adds up to a total of $100 billion in funding.
Soros thought in his mind that he would only lose 84 billion if all positions were closed, and there would be at least 16 billion left.
And how is it possible to close the position?
At least a drop of more than 14% will trigger forced liquidation.
Soros has never played such an exciting ultra-short-term investment.
But it is also clear that unless there is a very scary black swan, it is impossible for London gold to have such a large drop in a single day.
Thinking about it this way, it seems quite reliable for Abel to do this, only ten times the leverage, not a lot
After a frantic inner complaint, Soros was not so shocked... It's strange!
Even from Soros' point of view, he felt that Abel's deal this time was a mess.
How can there be such an investment.
They don't build positions in advance, and they just pick up the gun and get on the horse.
This kind of investment method and operation style is simply unheard of.
Soros, who saw Abel's operation method for the first time, was a little numb.
Under Abel's arrangement, 1000 billion US dollars of funds quickly entered London Gold.
Such a large amount of funds, such a crazy entry speed.
Even though it is the afternoon, when the trading volume is the craziest of the day, the market has a trading volume of about US$[-] trillion to US$[-] trillion at this time.
But the entrance of 1000 billion US dollars is already very conspicuous.
It was like pouring a load of pebbles into a pond, and the entire market was attracted.
Fortunately, the market is big enough, and a cart full of pebbles poured into the pond will not be able to control the situation of the pond for the time being.
"Don't worry, just wait."
After Abel finished his explanation, his face was calm. Even if he had just traded for a short time, there was a floating loss of 1.84 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 might be boring in the future. If the result is to come out, it will be at night at the soonest. If it is slow, it may be tomorrow morning."
"George. You can't leave until evening at least."
Soros also understood the rules of the financial safe house, and the old guy sat down directly on the sofa in the middle.
"I can wait. I know the rules," said George Soros.
"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 today was an eye-opener.
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 about 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 a year.
Such outrageous people and companies have made tens of billions of dollars.
Richer than his own net worth.
The oilman financial boss is already a little skeptical 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 didn't believe it. If so, it would be too 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. The 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 Soros' two followers, who seemed to be bodyguards.
The two white men are tall and big, 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 didn't know the reliability of the financial safe house, and felt that it was not very reliable to put Soros in it.
(End of this chapter)
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