Rebirth 1980: Marrying my sister’s best friend at the beginning

Chapter 628: The entry of Grimm Brothers
"Put it all in? Li, are you serious?"

Reggie Green was really shocked by Li Yi's words. While speaking, he looked at Li Yi in disbelief.

It's no wonder that he reacted like this, mainly because Li Yi's idea was really crazy.

The funds mentioned by Reggie Green just now add up to more than 20 billion U.S. dollars. Not to mention the use of financial leverage, the investment of such a large amount of funds alone may have a considerable impact on the sluggish gold price.

These are secondary. The most important thing is that this money can be said to be the only remaining wealth of the Green Brothers.

If you really want to invest it all, you will almost bet the future of Green Brothers.

Of course, everyone is happy if they make a profit, but if they lose, then just wait until they go bankrupt. There is no other way out!

However, Li Yi's next reaction made Reggie Green feel his madness again.

I saw him tapping his fingers on the table a few times, and then said with a serious face: "Mr. Green, I never joke about investing. If this investment is left to me, I will definitely make it happen." All the funds that can be raised are invested, not a penny is left!”

"But this is too risky. Once the gold market picks up, our losses will be beyond imagination."

Before he finished speaking, Li Yi interrupted him directly: "Mr. Green, investment itself is a kind of gambling, and it is a zero-sum game. Either you lose and I win, or I lose and you win. There is no possibility of a win-win situation!"

"Therefore, in such a game, once there is a definite opportunity, you cannot hesitate. If you miss the opportunity, it may not come back again!"

Reggie Green was silent. He did not deny that what Li Yi said made sense.

But as an investment company, the most taboo thing is this kind of gambler-style investment. Once a mistake is made, the company is likely to be wiped out in an instant.

Reggie Green thought he was already a lunatic in the Wall Street investment world, but he never expected that his partner would be even crazier than him.

Originally, he was thinking about how to persuade Li Yi to go crazy with him, but now he feels that it is necessary to prevent the other party from going crazy. After all, there is a price to pay for being too crazy.

Thinking of this, Reggie Green said in a deep voice: "Li, your idea is too crazy. I think we should be more conservative, such as investing US$[-] million first, which is safer."

However, just when Reggie Green was chattering and trying to convince Li Yi, he heard these words suddenly pop out of Li Yi's mouth: "The price of gold will drop below 300 US dollars!"

"Uh"

Reggie Green's voice suddenly stopped, and then he looked at him again with shocked eyes.

"Li, are you sure? Are you sure the price of gold will fall below $300?" Reggie Green's voice was trembling.

If someone else said this, he would just listen and not take it seriously.

But now that Li Yi said this, he had to take it seriously.

You must know that Li Yi and his team came to New York this time just to short gold. Dare to do so shows that Li Yi is quite confident in the rise and fall of international gold prices. Some clues of this can be seen from the past month or so.

After all, the price of gold has dropped by more than $130 per ounce compared to when Li Yi entered the market a month ago. This drop is not small in the eyes of ordinary people.

If you encounter those who can't keep calm, you might have closed the net long ago.

But Li Yi was not moved at all, so he persisted all the way, and he has no intention of closing the net until now.

And his persistence is also very meaningful. In just over a month, Li Yi and others made more than 20 billion US dollars in the gold futures market, which is equivalent to the profit of the Green Brothers in one month.

Therefore, Li Yi's judgment on the international gold price is not meaningless. Now it depends on whether he is willing to follow his big gamble.

Just when Reggie Green was wavering in his heart, Li Yi spoke again: "Mr. Green, you are so anxious to let me acquire the equity of Green Brothers Company that you even hesitate to use your own assets as collateral. Isn't it because Dai Weiss doesn’t agree with you ending up shorting gold!” “He doesn’t support you, but I strongly support you, why are you still holding back?”

Hearing this, Reggie Green was stunned for a moment, then took a deep breath, then stood up and said: "Li, you are right, investment itself is gambling, I have no reason to back down!"

A smile appeared on Li Yi's face and he said directly: "Mr. Green, congratulations on making the right choice!"

"Li, how much financial leverage is appropriate for us to use?" Reggie Green asked again.

"No less than 10 times!"

"hiss"

Reggie Green, who already had a certain understanding of Li Yi's character, didn't say much, but nodded and said: "Okay, let's use ten times the financial leverage!"

"Mr. Green, if you have made up your mind to short gold, enter the market as soon as possible. The later the time is, the less we will make!" Li Yi said.

Reggie Green looked at his watch and found that it was almost the time for the temporary market closing in the morning.

Then he said directly: "Li, I will have people prepare now and try to enter the venue in the afternoon!"

"Can."

Originally, according to Reggie Green's arrangement, after signing the equity transfer agreement today, he would hold a cocktail party for Li Yi at noon to welcome him to join Green Brothers.

But now time is urgent, the reception has been cancelled, and even lunch is taken care of in the company.

After more than two hours of preparation, Green Brothers first used US$5000 million as a margin, and then borrowed more than 46000 gold futures contracts from brokerage institutions at a price of US$11000 per lot.

Of course, these 11000-plus futures contracts were just temporarily borrowed by Reggie Green, who was preparing to test the waters in the afternoon.

At the same time, the backbone elites of Greene Brothers went out to various brokerage firms on Wall Street to sign financial service agreements with them, preparing to enter the market in large numbers and short gold.

At 01:30 pm, as the temporarily closed futures market resumed trading, Reggie Green, who was well prepared, finally took action!
At this time, affected by the Federal Reserve's interest rate hike, the entire New York gold futures market was not actively trading. After all, the current market situation was not clear, and no one dared to make any big moves.

However, just when investors thought they were going to spend the remaining few hours of trading calmly like the previous few days, there was sudden movement in the market.

On the market, someone actually posted a gold futures contract worth US$45000 per lot, which is equivalent to US$450 per ounce, and the number was a thousand lots.

要知道现在国际金价为467美刀每盎司，而期货市场中黄金期指合约的正常价位则实在46500美刀一手（一手100盎司），45000美刀的价格相当于每盎司降价15美刀。

This price reduction is still very large, and it is still very attractive to some people.

Therefore, these 1000 futures contracts just bubbled up in the market and were snapped up!

When Reggie Green saw this, he immediately ordered the traders to continue?Place an order at this price.

Soon, more than 5000 contracts were acquired by investors.

Because they frequently sell futures contracts to the market at low prices, this makes some holders of futures contracts who have gritted their teeth and persisted a little bit unable to hold on any longer. Some people who have lost confidence in the price recovery also lower their prices and sell their hands. contract there.

Suddenly, the entire New York gold futures market suddenly changed, and the situation became turbulent!

PS: There is another chapter before 12 o'clock!
(End of this chapter)