Beiyang 1917

"Jack, I'm not whimsical. Investment will definitely take risks, but I have full confidence and assurance. According to my judgment, if the Allied Powers are in a bad situation on the battlefield, the price of Wall Street's treasury bonds will fall, and if the Allied Powers are in a bad situation on the battlefield, So the price of Treasuries on Wall Street will go up, right?"

Wang Geng unhurriedly snapped his fingers and began to teach the head of the Morgan family.

"Although I'm pretty good, but you, a third-year cadet of the West Point Military Academy, can you control the situation in the European battlefield? Or, you are a messenger sent by God, with the ability to predict the future?" Jack Morgan said disapprovingly. .

"Jack, if there is a problem in one of the Allied countries, then on the surface, in the short term, Wall Street's national debt will fall, and the bond of the country with the problem will fall even more, and it may be worthless. Is that right?" Wang Geng continued to settle the score with his fingers.

"You mean Britain and France will have problems? Well, although there was a period of instability in the French army, the British army stabilized the situation later, but it did not affect the domestic political situation of the two countries. The severity of the situation is far from what you said. Although the national debt of the Allied countries has fallen recently, the range is limited!"

Jack Morgan thought about it thoughtfully, but still came up with a negative answer.

"Jack, you know that I am a high-achieving student at West Point Military Academy. My ability to analyze and judge military intelligence is second to none among my classmates in the same grade. According to my analysis and judgment, although there will be no major problems on the Western Front in the European battlefield, the East line is not necessarily!"

Wang Geng began to slowly guide the head of Morgan to follow the direction he guided.

Nima, I can't move the Wall Street treasury bond market with 2000 million US dollars, but if your Morgan consortium takes the lead, can Rockefeller and Mellon follow up?At that time, it will be a good opportunity for me to fish in troubled waters with the foresight and foresight of my $2000 million capital.

Sure enough, Wang Geng mentioned the Eastern Front, which caught the attention of Jack Morgan. The head of Morgan frowned,

"In the case of the Eastern Front, that's Russia? Well, it seems that the situation in Russia is indeed not stable recently. The life of the Tsar is really difficult!"

"Jack, according to my analysis, there may be a revolution in Russia and the tsarist government will be overthrown. In this case, the national debt issued by Tsarist Russia will become waste paper, and the price of national debt of the Allied countries will also drop sharply!"

"You're right. No wonder Rockefeller and the others keep selling short Russian bonds. If you didn't tell me, I haven't paid much attention to it. Now it seems that I am really careless."

It turns out that the Morgan family has a very close cooperative relationship with the British Treasury and is the largest underwriter of British government bonds. The Morgan consortium holds the most British government bonds, followed by French government bonds. The degree of attention is obviously not as good as the degree of attention to Britain and France.

The Rockefeller consortium and the Mellon consortium divided up the issuance of national bonds of other Allied countries other than Britain and France, especially the Rockefeller family, which grabbed the most Russian bonds!

"Jack, according to my judgment, within the next month, the situation in Russia will deteriorate to the point of no return. If you and your partners have Russian bonds in your hands, you should be the first one regardless of the cost. Time to throw!"

"The Morgan Consortium mainly holds the national bonds of Britain and France. You said that the Morgan Consortium does not hold many Russian bonds, but you are right. I will notify them later and sell them all as soon as the market opens tomorrow! Be prepared! ! If something really happens in Russia, then the Tsar’s bonds may really be worthless!”

"If there is a problem in Russia, the Allies can theoretically free up their hands from the Eastern Front to deal with the Western Front, so that the British and French fronts will be tight, and the bonds of the Allied Powers other than Russia will also face a wave of turbulent declines. Although they will not become waste paper, But it is estimated that it will fall enough!"

Wang Geng looked into Jack Morgan's eyes without blinking.

"Well... there is such a possibility!" Jack Morgan's forehead was slightly sweaty. The Morgan consortium had so many British and French bonds in their hands, and the market didn't have enough liquidity to take them if they wanted to sell them.

Wang Geng smiled, lowered his voice and said,

"Before the Russian incident happened, we will sell all Russian bonds short at the opening tomorrow. Since the Rockefeller Foundation is the largest holder of Russian bonds, he will definitely protect the market. Russian bonds will not fall too much!"

Jack Morgan doesn't know where the young Chinese man in front of him learned his financial speculation skills, but it's clear that this guy has an innate keenness and talent for speculation!

"Go on!" The head of Morgan flicked the cigar in his hand.

"Since there are no allied bonds in the U.S. market to hedge against risks, Jack, is it also the market's habitual choice for those funds that have followed suit and sold short Russian bonds to choose higher-quality British and French bonds as their covering targets?"

Jack Morgan nodded slightly. For the first time, the idea of ​​recruiting the young man in front of him into the Morgan family came to him. His daughter Vivienne was already 23 years old. She was the mother of three children in the last century. up!

"Of course, it is safer to choose American bonds, but the United States has not entered the war yet, and war bonds have not yet begun to be issued. The number of national bonds issued before is limited, and most of them are still held by ordinary people and allocated by bank financial capital. There are not many, and there is not enough liquidity on Wall Street!"

Wang Geng talked eloquently, and at the same time felt that the eyes of the head of Morgan opposite had unconsciously changed when he looked at him. It seemed that there was a little more... warmth in addition to appreciation?

"So, while all the Russian bonds are being sold short, the prices of British and French bonds may rise with the entry of buyers, at least they will not fall too much. In this way, the Morgan consortium and your partners can quietly Throw out the bonds of Britain and France in batches! Get back the funds as much as possible!"

Jack Morgan nodded, motioning for Wang Geng to continue talking.

"In this way, you and your partner will continue to sell the bonds of Britain and France in batches in a calm manner. Of course, it is estimated that the market price will slowly drop at that time, because there are funds that have short-sold Russian bonds, and the price will drop. The trend will be relatively flat!"

"Of course, the skills of advancing three times and retreating one in the process of throwing are the strengths of your brokers and traders, especially when the price is marked up before the market closes every day. Of course, in the media, we must create the required The environment of public opinion, to ensure that every newspaper’s news section of the day is the international news we need!”

Wang Geng was betting on his reputation as an honorary citizen of New York as a West Point student and a hero of the Brooklyn Bridge. He believed that a financial czar like Jack Morgan would not be so demanding on himself.

"As soon as news of the events in Russia is confirmed, I hereby suggest that we need to develop some friends of ours in the major cities of Russia and in the army at the front, with the necessary radio equipment to ensure that we are kept informed of the latest news every day, even in Manhattan. What's going on!"

Jack Morgan's pupils are shrinking. Bankers in Europe and the United States, as well as major financial groups, have many informants stationed in the hostile or friendly camps. Of course, they may not be able to reach the level that Wang Geng said. !

But Wang Geng went on to say,

"Our intelligence contacts in the Allied countries are as important as those in the Allied countries. Of course, this is something that the US government and you should worry about. What I mean is to fully mobilize and stretch out all spies and tentacles to ensure that we can get it right away. Grasp the latest trends in various countries!"

"When the Russian incident breaks out, we will sell short the bonds of Britain and France as soon as possible. At that time, Russian bonds may have become waste paper. At this time, we have two choices before us!"

"Which two choices, do you still dare to buy Russian bonds that are like waste paper?" Jack Morgan stared at Wang Geng suspiciously!

"Since it's waste paper, it won't cost you much money even if you copy the bottom line. Why not do it, not to mention, what if the situation in Russia repeats itself?!"

Wang Geng also looked at Jack Morgan with a wicked smile on his face!

"This risk is too great. If the tsarist government is completely finished, it will really lose everything! You can't do this with your 2000 million US dollars! If you want to buy the bottom, you can also wait for the prices of British and French bonds to fall. Buy British and French bonds China's bonds!"

Jack Morgan waved his hand to stop Wang Geng's whimsical idea!

Just kidding, if the tsarist government is really overthrown, do you expect the warriors or the Bolshevik government to pay for the tsar?This is simply a fantasy!

"Jack, if Russia's tsarist bonds become a pile of waste paper, who is most anxious?" Wang Geng insisted on asking unmoved.

"That... should be the Rockefeller family that holds the most Russian bonds?"

"Then Jack, what are you worried about? I'll collect a bunch of Russian waste paper then, and wait for Rockefeller to turn the waste paper into dollar bills for me!" Wang Geng said with a chuckle.