Chapter 229 London Mohegan Sun
The hotel Yang Jing stayed in Yanjing was the famous Yanjing Hotel. In 1980, there were only a few foreign-related hotels in Yanjing, so Yang Jing naturally had to choose the Yanjing Hotel with the best accommodation conditions. Although Friendship Hotel is also good, where is the best Yanjing Hotel located on the North Third Ring Road?
You should know that it is not a later generation. It is very convenient to go from the city center to the North Third Ring Road, whether it is a subway, bus or taxi. Nowadays, public transportation in Yanjing is very backward.
In Yanjing, except for buses, taxis running on the streets are basically not visible. Although the first subway in Yanjing, the later Metro Line 1, had been built for eleven years, in 1980, Metro Line 1 was still used for military purposes and would not be officially opened to the public until September 1981. As for the subway that was horizontal and spider-web-like in later generations, it is now something I dare not even think about.
Moreover, when Yang Jing came to Yanjing this time, he wanted to be a person who had a quiet view of history. He just wanted to quietly appreciate the appearance of Old Yanjing and carefully experience the charm of Old Yanjing City that had not yet been developed.
Yang Jing transformed into Michael Lynch, a British man holding a British overseas territory passport, so he was naturally qualified to stay in the Yanjing Hotel. Moreover, Yang Jing was not ordinary at this time, and the tips he gave to enter and exit the hotel were all Franklin, which made the waiters at the Yanjing Hotel particularly like this generous foreigner.
Even the hotel leaders asked Yang Jing if he needed a car when going out, and promised to arrange a full-time driver for Yang Jing. Yang Jing naturally declined politely.
Just kidding, what kind of drivers or special cars are, this is obviously not at ease with yourself. I have experienced it once in Pengcheng a few days ago, and Yang Jing doesn’t want to experience it the second time.
My buddy really just wants to quietly visit Lao Yanjing City.
So Yang Jing only rode a bicycle every day and had a camera around his neck, and began his days wandering around his old city on the Second Ring Road.
Of course, Yang Jing was not wandering around without purpose. He rode his bicycle through the old city alley within the Second Ring Road. When he encountered a beautiful view, he stopped the bicycle to take a photo. When he saw a large courtyard house with free time, he also came.
The first purpose of Yang Jing's visit to Yanjing this time was to see which courtyards were not moved into this era. It is estimated that the property rights of courtyards that had not been moved into the public at this time were mostly public. In this way, after Yang Jing returned, he could tell Mike, Aller or another person to take the opportunity to come to Yanjing and buy a good enough courtyard in the name of the Dragon Fund.
What? Why didn’t Yang Jing buy it yourself?
This is not simple! The reason why Yang Jing didn't take action was because he was afraid of triggering the damn time and space paradox. Otherwise, Yang Jing wouldn't have worked hard to run to the United States from 2017, then from the United States to the Cayman Islands, and finally shuttled to the Cayman Islands in 1980 to build a dragon fund.
All he did was to try his best to avoid triggering the paradox of time and space.
Just like when he was traveling through 1994, he finally found Xue Rengui's "transcendent brother" Xue Renfa to carry the job for him, Yang Jing worked hard to build an evil dragon fund, and also wanted to find an agent to serve him.
Once you find a suitable agent, Yang Jing doesn't need to do many things by himself, and he doesn't even need to take care of money by himself.
If it weren't for being unable to suppress his curiosity about Old Yanjing, Yang Jing wouldn't have put the London Gold Investment, which was making a lot of money, and ran from the Cayman Islands to Hong Kong Island and from Hong Kong Island to Yanjing.
How comfortable it is now. Every day I ride a bicycle through the streets and alleys of Laoyanjing City. Not only can I have fun, but I can also confirm those courtyards that I like.
But the only thing that disappointed Yang Jing was that he rarely encountered anyone setting up stalls in the streets and alleys. It was difficult to buy some treasures.
But after thinking about it, I felt relieved. Yanjing in 1980 was different from Yanjing in 1985. Even though it was only five years later, it was like a natural disaster.
In Yanjing in 1985, Xiushui Street had already established Xiushui Market, but at this time, there were only a few scattered shops on Xiushui Street.
In Yanjing in 1985, ghost markets in some places have appeared, but now, there is not a single one.
In fact, not to mention 1985, even in two years, the antique transactions in Yanjing began to rise. But now, we cannot say that there is no one. We are very careful. Not to mention a "false person" of yourself, even an old Yanjing, if there is no source of information, there will be no way to trade antiques.
Therefore, it is the best, but also the strictest, to get to Yanjing in the past two years.
After having fun in Yanjing for more than a week, Yang Jing rode a bicycle borrowed from the staff of the Yanjing Hotel and almost strolled around the old Yanjing city within the Second Ring Road. Only then did he feel unsatisfied to prepare to go home.
Of course, he consciously left a set of photos taken by Yang Jing these days for the Yanjing Hotel. No one asked him to do this, but Yang Jing knew that he had to do this, otherwise if he came to Yanjing as Michael Lynch next time, he would probably not be so comfortable.
Originally, I was here to play openly, so there was no need to make trouble because of a little thing.
When Yang Jing traveled thousands of miles back to Georgetown, the capital of the Cayman Islands, the time had already come to February 20.
When Yang Jing returned to the operating room, both Cesar and his team members, and Mike Aller who came to deliver dinner tonight were extremely surprised.
The mysterious Mr. Smith has been away for more than twenty days. Although Cesar and the others have swear to say that he is fine when he leaves, they really feel that he has no problem when this boss who doesn't usually talk much is not here.
What surprised them the most was that the trend of London gold was indeed as Mr. Smith judged. In this period of more than 20 days, it was falling all the way, and now it was about to fall to the clearance price of $700 per ounce that he said.
Just now, when they were discussing whether to clear the stock tomorrow or the day after tomorrow, the mysterious boss who had been away for more than 20 days appeared silently again.
"Oh Maiga! My dear boss, you are finally back!" Seeing Yang Jing's dusty look, Mike Aller directly hugged him with a warm hug, and Cesar and the others also hugged him up and surrounded Yang Jing.
Although Mr. Smith had left them for more than twenty days, during the days they had spent together for more than twenty days, they had already unknowingly regarded Mr. Smith, who was transformed into Yang Jing, as their backbone and their head.
When Yang Jing saw them, he was in a very happy mood. After hugging them one by one, he went to the dining table at the invitation of everyone.
"Mr. Smith..." As soon as Cesar said that, Yang Jing interrupted him with a smile.
"Cole, just call me Cole." This was the first time Yang Jing said his name in front of them, which made these people very excited.
"Okay, Cole, although I shouldn't ask this, I still have to ask, have you brought us some gifts when you go out this time?" Everyone laughed out loud by Cesar's words.
"Haha, how can I forget you?" Yang Jing said, taking out some small things from his backpack, all of which were some handicrafts he bought while shopping in the streets and alleys of Yanjing, full of a strong Chinese charm.
"Wow, so beautiful!" Emily, the freckled girl, took a pair of Su embroidery, and her face was filled with joy.
Albert, who had been silent, got a cute big Afu, and was very happy with the young man with a black frame and bearded face.
Everyone, including Mike Aller, had a small gift. Although it was not a very expensive gift, everyone was very happy.
After everyone brought Yang Jing a few glasses of red wine together, Yang Jing asked while eating the steak: "Cesar, how much has London Gold dropped?"
When he heard Yang Jing talk about this, Cesar excitedly gestured to Yang Jing, "Coll, I have to say that you are so magical! Your judgment is simply more accurate than God! My God, since you left that day, the London gold has started to fall all the way. It has been more than twenty days since you left, and it is about to fall to the price of 700 that you gave before you left. Before you came just now, I discussed with them whether to clear the stock tomorrow or the day after tomorrow."
Yang Jing swallowed the steak in his mouth and said, "The day after tomorrow! On February 22, the last trading day of this week, the gold price will definitely fall below the price of 700. So, the day after tomorrow is the day after tomorrow. "
Seeing Yang Jing's words so sure, several people showed excited smiles on their faces.
And the fact is indeed as Yang Jing said. After a trading day on Thursday passed, the last trading day of the week came.
On this day, on February 22, the price of London gold did indeed bravely fall at the price of $700 per ounce from the opening. And judging from the momentum, it looked like it would not stop until it fell below 700.
Under Yang Jing's order, Cesar and the other five were ready early, and gradually closed their positions from 702, and then it took an hour and a half to clear all the London gold in their hands. Thanks to their precise calculations and excellent operational level, the final clearance average price of the London gold with as many as 164,000 hands that Yang Jing had backhanded and shorted, just stuck at the price of US$700 per ounce.
After all the clearance was completed, Cesar and the others shouted excitedly.
Under the command of Yang Jing, they completed a perfect investment they had never dared to think about before in less than two months. The huge profits really made them feel like they were in a dream.
Of course, they also admire the highest commander of this investment operation, the mysterious Mr. Cole Smith, who was already impressed by all means.
From entering the market on January 2, conducting long operations, the 27 million US dollars used a life-threatening maximum proportional leverage to control $2.7 billion of funds. These funds were bought in full at a price of $518 per ounce, and a total of 52,000 London gold, which is 5.2 million ounces of London gold.
Twenty days later, on January 22, the price was cleared at $833.5 per ounce. Excluding the related spreads, the net income per ounce was as high as $315. That is to say, in just these twenty days, Mr. Smith turned the 27 million US dollars into $1.638 billion, with a return of up to 6,060%! That is, nearly 61 times the net income!
That's not all. After the funds transferred out $1.5 billion, they used the remaining 138 million backhand to short positions, and once again used margin leverage to hold a full short position at $842 per ounce with a total of $842 per ounce. After excluding the spread, they shorted a total of 164,000 London Gold. Then, when it was closed on February 22, when London Gold fell to $700 per ounce, the direct profit of this short market was as high as $142 per ounce! The 164,000 London Gold finally earned a net profit of $2.328 billion!
Two waves of market conditions, one is too long and one is too short, both positive and negative, and a total of up to 3.966 billion US dollars of net profits! The profit is as high as 146.9 times!
In less than two months, 27 million dollars became 4 billion dollars!
After this number came out, Cesar and his heart were so excited that they jumped out of their chest! This number was an astronomical figure in 1980. Last year, that is, in 1979, the per capita annual income in the United States was only 10,000 US dollars, 4 billion US dollars, which is equivalent to 400,000 American workers who did not eat or drink for 400,000 years! Or 400,000 American workers who did not eat or drink for a year! Last year, Walmart's total sales in one year had just exceeded 1 billion US dollars! And the money earned in just less than two months was enough to match Walmart's total sales in four years!
What's more, when selling short positions, Mr. Smith still pulled out $1.5 billion. If the $1.5 billion was added at that time, the profits would be worth tens of billions!
Although making money is important, what Cesar and others admire the most is the comprehensive quality that Mr. Cole Smith showed in this wave of gold market, which is a top financial tycoon!
It is enough to show that Mr. Smith's judgment and courage were made at such a high price, and the market started to start on the day of entering the market. This itself is enough to show Mr. Smith's judgment and courage; then the gold price rose all the way, and in the end, even his own group of people who have been immersed in the financial investment field for many years could not help but want to throw away the gold in their hands, because the market rise was so thrilling, and Mr. Smith was indifferent, which is enough to show that Mr. Smith has an extremely strong heart and a must-have calmness for a top financier.
The most amazing thing is that Mr. Smith's judgment on President Carter's speech came out, which was even more like a magical stroke. Just after the clearance was completed in the morning, President Carter stood up directly at noon. This judgment is not an exaggeration to describe it as shocking the world and the ghosts and gods! Although he did not escape at the highest point, the price of 833 is already high enough. Don't forget that after Mr. Smith escaped, he was a beautiful short seller, which directly made the capital earned rise in somersaults!
Chapter completed!