America's Road to Wealth

Chapter 321 New York Daily Life
【10月5日纽约商交所12月份交货的黄金期货价格每盎司上涨25美元，收于310美元，盘中一度涨至330美元，为近9年以来最高】

Queens, New York,
Smith Building, in the office on the fourth floor.

Abel leaned on the boss chair, watching the gold futures quotes on the screen monitor.

The international gold spot once rose to 1980 US dollars per ounce on January 1, 23.

It's a pity that the good times didn't last long. Since February 1980, 2, the price of gold has been falling all the way.

With the new economic growth momentum brought about by the information industry revolution, gold entered a long decline cycle until the eve of the millennium.

In September 1999, in order to prevent the price of gold from falling sharply, the European Central Bank and 9 European countries signed a central bank gold sales agreement.

The general idea is to stipulate that the central banks of various countries will sell gold in batches and in limited quantities in the next five years.

A major factor in gold's decline has thus disappeared.

In 2000, the dot-com bubble burst in the United States.

The market has a risk aversion mentality, and gold, a hard currency that resists inflation, has gradually become popular again.

Gold, which has fallen for 20 years, has finally begun to strengthen.

Not long ago, a major event happened, and the risk aversion sentiment intensified. Gold once rose to 330 US dollars per ounce at its peak.

Faced with such a big market, financial giants from all over the world will certainly not let it go.

The same goes for Smith Capital, in fact as early as early August of this year.

Abel has asked Smith Capital to gradually build positions in London gold spot.

It's just that in order to avoid being too high-profile, the number of positions built is not many.

A total of about $50 billion has been invested.

Wait until the big event happens, when the US financial market is closed.

Smith Capital (UK) immediately built a large position to do long London gold, and the United States immediately took the same action after the opening of the financial market.

Almost a month has passed, and Smith Capital has already invested in international gold spot, with a total investment of about 500 billion U.S. dollars.

Among them, half of the US$7 billion in the 500th private placement of Smith Capital was used.

The remaining 250 billion US dollars, as always, used the guarantee amount provided by the Pacific Bank of Commerce, Wells Fargo, and Citibank.

However, after the London gold has been rising for nearly a month, it has begun to show a gradual decline.

After all, gold has been weak for 20 years, and it has only broken through $200 in the past two years.

You must know that five or six years ago, when the international spot gold was at its lowest, it was as low as $150 per ounce.

People's psychology has not yet been reversed, and they have not realized its anti-inflation value.

The so-called antiques in prosperous times, gold in troubled times.

The 21st century, which has undergone major changes unseen in a century, has just entered.

Everyone's minds haven't changed yet.

So now the international spot gold has shown signs of falling back.

Many retail investors and small investors want to withdraw one after another.

But they don't know that well-informed large institutions and Wall Street are still gradually building positions at the moment.

Because in a few days, there will be a new black swan spreading its wings, which can provide another wave of boost to international spot gold.

After looking at the data of spot gold, after making sure that it has not left my grasp.

Abel pressed the phone next to the monitor, and soon one of the CEOs and presidents of Smith Capital.

David Mellon and Merio walked in.

Both of them were dressed alike, white shirt, tie and leather shoes, meticulous hairstyle, typical appearance of Wall Street elites.

"Boss—"

"BOSS—"

"Everyone is here, sit down. The company will be relocated to the Smith Tower tomorrow. Are the employees not emotional?"

Abel asked with a smile.

It will be the headquarters of Smith Capital and other companies.

All were relocated to the Smith Building in the heart of Manhattan, the former Woolworth Building.

This matter was announced to the group as early as May this year after Abel successfully acquired the Woolworth Building.

Whether it is Smith Capital or several other companies, they all know this.

At the beginning, except for Smith Capital, most of the employees in Abel's companies were very excited.

After all, it is possible to work in Manhattan, which is for most white-collar social animals in the United States.

It can be said to be a status symbol, just like social animals who work in the International Trade Center on the first ring road of the imperial capital, they will feel superior to others.

But that was without events like [-]/[-].

After the big incident, Abel's decision to move in has not changed.

Many of his employees, mainly middle- and lower-level employees, were a little hesitant and scared.

They're all worried about Woolworth House becoming a second twin
In fact, this can be regarded as human nature, and it has not been a month since the incident.

Hearing this question from the boss, David and Merio looked at each other.

Melio shrugged and motioned for the CEO to answer the question.

David then said: "I have some opinions. There are too many people who died. Some of them are friends they knew."

Abel thought that would be great.

It's a good time to take some people off the job, after it's in the papers and on TV.

Others will know more clearly about Abel Smith's support for Manhattan and his love for New York!

Abel said bluntly:

"As I said before. If there are people who don't want to work in the "dangerous" Manhattan. That's fine. Let them submit their resignation letters."

It sounds nice, but it actually means firing the squid directly.

Here we will talk about the labor law in the United States.

There is no such thing as "labor.labor.law" in the United States, which is generally called labor law here.

It is not a law, but a legal system.

Because when it comes to the federal government, each state, county, city, or even town, there may be labor laws that are roughly the same but with different details.

For example, in China, if it is done normally, the company will take the initiative to fire an employee, and generally pay 16 months' salary.

Layoffs are extremely costly.

The US labor law system does not have provisions on layoff compensation.

Only the Worker Adjustment and Retraining Notification Act vaguely stipulates that large-scale layoffs must be negotiated with employees 60 days in advance.

The "negotiation" here is brilliantly used by capitalists and companies.

People like Abel have already planned to fire some people this time.

According to this law, strictly speaking, 60 days of wages must be paid.

Abel has a 50% increase and 90 days of salary, is that interesting enough?
This explanation is not only legal, but also gives people the impression that he is very generous and a good boss.

However, this [-]-day salary compensation will only be given to the basic salary, and will not include dividends, bonuses and other things.

The income other than the basic salary is actually the bulk of the income of most Wall Street workers.

Therefore, Smith Capital fires a few more people, and the labor cost is really not that exaggerated.

Since the establishment of the company, no one has been fired, which is too capitalless.

It's the same with other companies, they will only pay three months of basic salary, no bonuses or anything like that.

Taking advantage of the relocation of the headquarters this time, if someone is really unwilling, Abel will certainly not be polite.

Doing so can have the effect of establishing prestige and deter internal employees.

It can be used to create an image that you are optimistic about Manhattan and love New York.

This will help him in his later plans.

Abel also hopes that more employees will stand up, and they don't want to go to work in Manhattan.

That way you can fire a few more people.

The U.S. economy is currently in a depression, and many people have no jobs to do.

The same is true for white-collar elites. Demand exceeds supply in the field of job hunting, and they are not afraid of not being able to recruit people.

Seeing the boss's resolute attitude, it was naturally impossible for David Mellon to disobey.

The relocation of Smith Capital's headquarters tomorrow is confirmed today.

As the leader, Smith Capital will be the first company to enter the Smith Tower.

As for Abel's other companies, they will move in one after another in the future.

Smith Building (Woolworth Building), after five months of rent clearance and renovation.

At this time, it is also completely new, whether it is inside or outside, it can already accommodate the headquarters of so many companies that Abel currently has.

A total of 57 floors of the building, the bottom 42 floors, each floor has about 1600-1700 square meters of office space.

The 43-story buildings of 52-10 have a much smaller area.

But each floor has an area of ​​almost 300-350 square meters.

These floors and the five floors above were actually built by the builders purely for the sake of height.

In order to become the tallest building in the world, the original 42-story Woolworth Building became the current 57-story building.

Counting the effect of the lightning rod on the spire, the height of this building exceeds 318 meters.

The internal building area of ​​the upper part of the building is naturally much smaller and narrower than the normal office building below.

In the top five-story tower, the first four floors are only about 5 square meters.

The top floor is just over 100 square meters.

Not counting the top five floors, the office area of ​​the remaining 5 floors has exceeded 52 square meters.

According to the office area of ​​about 10 square meters for one person.

Smith Tower can accommodate more than 7000 people.

It is more than enough to accommodate the current headquarters employees of all companies under Abel's banner.

As for the top five floors, they have been remodeled during this time.

It will be transformed into a luxury condominium called "The Pinnacle".

This residence will crown the Woolworth Building.

The five-story building occupies nearly 9680 square feet, almost more than 900 square meters.

There will be a 408-square-foot observation deck above, 727 feet higher than City Hall Park.In the development of the interior design, Zaha Hadid, the not-so-famous female devil, took the lead.

It will be one of Abel's future residences in Manhattan.

Simply put, it was the original Woolworth Building and now the Smith Building.

The top five floors will become Abel's personal quarters.

The 52nd floor below is the office location of Smith's New York headquarters.

The renovation work started in May, and it has been five months now.

It has basically been completed, but Abel has not actually visited the pinnacle mansion on the roof.

In fact, with his personality, there is a high probability that he will not live in the Peak Mansion many times in the future.

The main reason is that it is too high, and it is too dangerous in case of an accident.

Compared with this kind of skyscraper, he still prefers villas, or those townhouses in Manhattan.

If you live in these places, at least you can run in time if something goes wrong.
The reason why this "peak" is made out is purely that the area of ​​the top few floors is too small for office work.

Plus the views are so good that you can overlook the whole of Manhattan, so he just turned them into mansions.

Stay in a better mood in the future.Usually he still likes to live in a low-rise villa, which can give him a sense of security.
After all, he is not Iron Man, and in reality there is no Mark armor that can carry people flying around.

If Iron Man who lives on the roof encounters any problems, he can put on his armor and fly away.

Abel who lives on the top floor, if something happens, it will really make every day unbearable.

He stayed in the Smith Building all morning, and at noon he made another appointment with Ted Lerner.

The two met in midtown Manhattan, near 57 West 111th Street, to be precise.

The convoy parked directly beside the road, and the rock security staff quickly dispersed to take precautionary measures.

Abel and Ted Lerner just got out of the car.

After coming down, Ted Lerner couldn't help but said: "You are a bodyguard who has done a great job. I feel that even the commander-in-chief is nothing more than this."

"It's for safety. Personal safety is always the most important thing. Only when people are alive, can they have infinite possibilities." Abel said casually with a smile.

Ted Lerner shrugged, looked up, and said, "Look ahead, this is 57 West 111th Street."

Abel nodded, "Let's go and have a look."

Then the rock security opened the way, and Abel and Ikana's father moved forward.

This place is located in the center of the south side of Central Park in New York, just separated from Central Park by two low-rise buildings in front and a road.

直线距离不到50米，而西57街111号这个地方，它目前只是一处30米x40米宽的低矮楼房。

The two are here because they were chatting at Charlie Brown's Pizza yesterday.

Ted Lerner volunteered that a vacant lot here in Midtown Manhattan was coming up for auction.

Abel had previously mentioned to him the idea of ​​building a residential building in Manhattan.

Ted Lerner just mentioned it.

Although Abel's attention in this area was attracted by Hudson Bay.

But he felt that in this moment of crisis in Manhattan.

The richest man in the world said he wanted to build a building here, or a residential building.

Presumably, I should be able to add another layer of aura of loving New York to myself.

This is similar to moving the headquarters to Manhattan.

At that time, if it is really necessary to do it, he will also be mainly responsible for paying the money.

The specific work will be carried out jointly by New Start Real Estate and Ted Lerner.

Anyway, he was idle, so he came over to take a look.

After looking around at 57 West 111th Street, Abe felt that it was too narrow.

In general, it is 30x40 at most, and the area is less than 1200 square meters.

It is meaningless to build a building here if it is short, but it is definitely a toothpick building in the shape of a bamboo tube, thin and long if it is tall.

Abel brought this up, but Ted Lerner thought it could be a selling point too.

"We can build it tall and long!" said Ted Lerner:

"With such a high-rise view, you will have the best view in Manhattan! You can even overlook the entire New York. We can make money entirely by selling high-rise units!"

Abel knew what Ted Lerner meant.

Abel remembered that in the parallel time and space, most of the buildings that appeared in Manhattan after [-]/[-] were thin and tall toothpick buildings.

However, most of them were residential buildings, and he remembered that they were selling very well.

Because there was a news at that time that a rich man in China bought an entire floor for 2.8 million RMB, which was less than 900 square meters.

30 square meters, there are still many people who say it is not expensive.

Thinking of this, Abel also said: "Let's build it. Let Lerner Group come up with a plan and hand it over to my new starting point real estate. As long as it passes the review, I'm willing to pay for it."

"Bingo!" Ted Lerner exclaimed happily, "No problem!"

Abel smiled. To him, this cooperation was just an idle investment.

Making money is of course a good thing, but losing money. With the location of this area and Ted Lerner's accomplishments in the real estate industry, he probably won't lose money.

For Abel, this is also the performance of adding another layer to the chain of interests he gave to Ikana and Ted Lerner.

But for Ted Lerner, it is the largest project that the New York real estate developer has personally participated in the construction of.

In parallel time and space, Ted Lerner's life at this time is particularly difficult.

Ikana's father was being chased by the bank again at this time, and just happened to encounter the sharp drop in New York real estate caused by September [-]th, and the market was very bad.

Ted Lerner, who has most of his assets in real estate in New York, has lived a hard life for many years and almost went bankrupt again.

In this time and space, because of Abel.

During this period, Ted Lerner lived so well.

With the relationship between Abel and Ikana, Ted Lerner doesn't have to be afraid that no bank is willing to lend him a loan.

With sufficient capital turnover channels, Ted Lerner, who mainly relied on the real estate company, naturally thrived.

In addition, his other important industry, that is, the TV program merchant industry, can also get help from Smith Media.

Some of the TV shows that Ted Lerner participated in produced have good ratings on AMC.

Like this year's Miss Universe, it created 1000 million viewership ratings on AMC TV, creating a record for this program.

In addition, he also made multiple investments in the private placement of Smith Capital.

From last year to the present, it is more appropriate to describe Ted Lerner as a spring breeze.

Perhaps because of this, Ted Lerner did not start contacting Zhengzhi this year like in the parallel time and space.

To know the Ted Lerner of another time and place.

Will become a candidate of the third faction next year, clamoring to participate in the 04 general election.

As a result, in 03, this pie with tens of thousands of people was classified.

He became the leader of one of the small factions, and after another two years, the small faction disbanded immediately.
Ted Lerner, who did not give up, joined another third faction in 06, and then another farce.

Before 2010, Ted Lerner first joined the donkey, then jumped to the elephant, then jumped back to the donkey, and then jumped to the elephant
Jumping left and right is not enough to describe, this is jumping around.

Until 2010, after his business stabilized.

Only then did he stay in the elephant at ease.

Later, when the time came, he jumped out again, and was pushed up by the general trend inexplicably.

[The heaven and the earth have the same power when they come and go, but the heroes are not free when they are transported away. 】

The first half of this sentence is the best description of his early political career.

As for whether the latter part of the sentence will appear, Abel doesn't know.

Because at that time Abel had already crossed.

　For the update problem, I can only guarantee [-] words a day, and the update time cannot be guaranteed for the time being.The main reason is that I changed to a new input method, and it is a bit stuck, so the speed cannot be increased.Anyway, it is usually just to update four chapters from afternoon to evening.terribly sorry.

　　
　
(End of this chapter)