Chapter 530: Earning 11 million dollars is also a blood loss(1/2)
Agreed with Anna's request.
Abel is planning to visit MG's house in New York this weekend. This is actually no big deal. He seemed to have been there often. There was even his own room there. Aunt Catherine and Uncle Arthur mg were actually very nice to him.
Hang up Anna's phone.
Abel smiled.
It was a great time to chat with Anna.
It made his emotions much happier.
If you are leisure, you still have to work. With the smoke of fate, no one can match the speed of finding wealth to earn wealth. However, if you have wealth and don’t keep it well, most of them will be cheaper to others.
So many companies.
It still needs to be managed well.
Although he gave most of his power to several professional managers, from Alfretley to Rana, from the original senior executives of New Paramount to Andrees, Roosevelt, Zhang Xianglin, Carter Garnett, Elizabeth Holmes, etc.
At present.
They did it quite well.
In fact, his current job is not only to use the smoke of fate every day to regularly collect and collect in the foreign exchange market, stock market or futures market.
Most of the time, there is nothing that makes him work hard.
And gradually.
Now the foreign exchange market, stock market, futures and other financial markets have long given him a nickname, called: Financial Tsar.
Until now.
Unless he uses means to spread his funds into hundreds or dozens of bag companies, and then secretly build a position. Otherwise, in the financial market, as long as he knows that he is taking action, not many people are willing to bet with him.
Especially in the forex market.
After repeatedly not believing that Xie was betting against him, even the most powerful central bank of the Japanese pirate country, now if they encounter Abel betting against them in the foreign exchange market, they will choose to cut their positions early, even if they lose tens of millions of dollars, one or two hundred million dollars.
This is especially true for banks in other countries and major financial consortiums.
The Forex Market is a big casino.
But Abel is now the god of gambling in this big casino, and the funds he uses are billions of dollars and tens of billions of dollars. It is very difficult to conceal others in the foreign exchange market with such a large-scale mobilization of funds. Therefore, unless he uses less funds, there are no more big gamblers willing to bet with him.
Unless there is a big market.
His current operations in the foreign exchange market are only tens of millions of dollars to one or two hundred million dollars each time.
Although this is still the wealth of today for most people. Many people, including some rich people, earn only tens of millions of dollars in their lifetime. It is terrible enough that Abel can earn so much in one day.
But after Abel tried to make a pleasure of earning billions of dollars to tens of billions of dollars a day, he now earns tens of millions of dollars to one or two hundred million dollars a day. It can be said that he really doesn't feel anything.
It's just better than nothing.
This is also true. Although he has never wasted a smoke of fate during this period, he can obtain less and less wealth in the financial market. It is not bad in the stock and futures markets, after all, these two markets are physical. The stock market is the worst, and stocks can be harvested. There are futures contracts in the futures market, and you can receive such futures goods as you really take a photo.
Not like the forex market.
In a pure casino, no gambler is willing to bet with him. He can only get some fragments of scraps and cut a little bit of meat from some retail investors or those big crocodiles.
Very boring.
Just like now.
After hanging up the call with Anna.
He logged into the account of Red Giant Company, and used more than 3 billion US dollars in the company's account to trade through the margin account provided by mgdt Bank, and operated a handful of euros/GBP.
Why choose mgdt bank instead of Wells Fargo or Express with him?
The reason is very simple.
Although the main behind-the-scenes controller of mgdt Bank is the Rockefeller family, the Rockefeller family and Abel are dealing with the two brothers. How could such a big super bank not be moved when facing a super customer like Abel?
mgdt provided him with extremely preferential conditions, and the handling fees and interest were even less than 1/3 of Wells Fargo. After expanding to more than hundreds of millions of US dollars, you can save at least hundreds of thousands of US dollars at a time. Since this is the case, but if you can ensure safety, what's wrong with using the services provided by mgdt?
Isn’t hundreds of thousands of dollars a money?
What's more, capitalists have no eternal enemies, and capitalists have no eternal friends! The bad relationship with the Rockefeller family now does not mean that they will never be good in the future. As long as there is no real and fierce life-and-death conflict on the basis, and occasionally working together, it is no big deal.
Wells Fargo and Express couldn't say anything.
The euro/GBP has fluctuated a bit recently. That was entirely caused by the previous Brexit operation in the United Kingdom.
It should be said that because of Brexit, the various economic data of the Kingdom of Britain are now in a mess, especially in daily necessities, which are even more turbulent. This greatly affects the exchange rate fluctuations of the pound.
Speaking of the Brexit operation of the Kingdom of Britain, Abel ignored it at all when he was in China. What's the matter with a big European country leaving the EU?
But now he has become a big American capitalist, and the interests of the United States and the Kingdom of Britain are closely related, and they can simply call each other a cousin. He cannot ignore the Brexit operation of the Kingdom of Britain.
The days of the Kingdom of Britain's departure from the EU are close, and they are not ready to accept any transitional agreement with the EU.
In other words, the Kingdom of Britain is likely to eventually "hard Brexit" without a deal and only maintain the treatment of WTO member states with the EU.
What kind of treatment is this?
It is probably the same as China treats the EU... Everyone is a member of the WTO, and then it is gone!
Therefore, during this period, the people of the Kingdom of Britain were panic "stocking" and preparing to face this major change.
Abel is sure that if the Kingdom of Britain really enters a "hard Brexit" state, the lives of ordinary people in this country will immediately face two huge impacts:
Currently, 30% of the food supply in the Kingdom of Britain comes from the EU. After the "hard Brexit", many daily foods will be subject to import tariffs and prices will be raised immediately.
In addition, a "hard Brexit" will lead to customs border inspections in the goods exchanges between the EU and the Kingdom of Britain, and the transportation speed will be greatly slowed down. Many commodities may have to wait for weeks or even months before they can leave customs. Therefore, commodities such as toilet paper with low inventory and fast turnover will immediately face shortages.
Economists and actuaries in this field have calculated that considering the average tariff on dairy products is 44.6%, imported dairy products in the Kingdom of Britain may rise by 8.1% after Brexit; in addition, meat prices rose by 5.8%, fats rose by 7.8%, and vegetables rose by 4% on average.
Don't look at these numbers.
But if it expands to a country, the impact is already greater than the impact of the economic crisis.
Judging from the current situation.
The British Kingdom's Brexit operation can be called one of the biggest political jokes and farces since the 21st century.
However, the result of the "democracy" referendum, no matter who is the prime minister of the Kingdom of Britain, can only go on with the bullet and move on now.
The situation in the foreign exchange market is that it is obvious that in the next few months, the exchange rate of the pound against other major currencies will definitely fluctuate dramatically.
Especially the pound against the euro.
Just like today, the currency pair of GBP/Euro is now at 1.1700, which is the level of one GBP 1.17 euro, but whether it is yesterday's performance or today's situation, it is still falling. It has been fluctuating between 1.1700 and 1.1690.
And this kind of activity.
It has also attracted a lot of money to enter.
Abel wants to play a ticket now.
For ordinary people, large plates like the pound and the euro are useless for small funds to enter. If the funds are large, they will be discovered as soon as they enter.
If the funds are small, the influence on this big plate can be said to be very small. It can even be said that throwing it in is useless.
But that's for ordinary people.
Ordinary people have too little capital, and their impact on the market is minimal. Then they cannot manipulate the market or market conditions, and naturally they cannot choose the right profits to leave the market as they wish.
But Abel is different.
He can know the fluctuations of the exchange rate in advance. Since this is the case, even if the capital investment is small, as long as the leverage multiple is high enough, he can still make money, but there is no large amount of money entering the market and making more money.
The Red Giant Company account has more than 3 billion US dollars, because mgdt provides very good discounts, and it is now placed in mgdt's account.
Thinking about it.
Abel called directly to the President of MGDT, Jamie Dimon.
previously.
After he humiliated Miller Rockefeller in front of everyone, Abel did not expect that the president of the mgdt bank would come to contact him. He thought there would be some conspiracy at the time, although the other party proposed a lot of preferential conditions. Abel still used the smoke of fate and finally cooperated with mgdt after confirming safety.
Now he calls Jamie Dimon, he wants to have a little more exciting time this time.
"Hi! Good morning! Mr. Sefrosa!" As soon as the phone was connected, Jamie Damon's heartfelt voice came from the opposite side.
"Good morning. Damon!"
"Actually, I hope you can call me Jamie! That's how my friends call me!"
"Haha... Then Jamie!"
"Okay! Mr. Sefrosa. What are you doing with me? mgdt can help you with any financial services! As for other life services, Wells Fargo and Express can provide, we guarantee that there is absolutely no problem!"
"That's it. I hope mgdt can increase the leverage multiple of one of my forex margin accounts to 100 times."
"That's how..."
Jamie Dimon hesitated. The leverage multiple of 100 times is not without in the foreign exchange market. It should even be said that the number is very large. In the accounts provided to ordinary people by companies on the platform, the worst is 100 times. However, for super customers like Abel, few banks are capable of providing 100 times leverage multiples.
mgdt may have.
However, if the amount of funds is too large, there will be some rigid requirements, such as if there is a need for some collateral in addition to margin.
To be continued...