50s: Starting with a storage ring

Chapter 347 Owners' Party
While eating his noodles, Sun Zhiwei chatted with Ms. Daisy from the HOA.

It turns out that there are many private properties around Central Park that are similar to his detached house, and they are all managed by the same owners' association.

Most of the residents here are senior executives of large companies, or directors of medium-sized companies, etc.

Because the open spaces here are very small, there are no large plots of land available to build large villas, which does not meet the accommodation requirements of those extremely wealthy people.

On the contrary, it is only those who are moderately wealthy, who do not care about the size of the house, and who can afford to buy real estate in Manhattan, who can live in this area.

According to Ms. Daisy, this community is home to Wall Street executives, Hollywood stars, sports darlings, and more.

Most of them have assets between $1000 million and $5000 million.

In that sense, Sun Zhiwei just barely meets the social standards of this community.

He might still be a little short in terms of fixed assets, but if you include the gold he currently owns, it will definitely be enough.

A short while later, Sun Zhiwei finished his noodles, went to his room, and when he came out, he handed Ms. Daisy a stack of banknotes.

"Mr. James, thank you for your sponsorship. See you at 7 p.m.

"Yes, ma'am, I will be there on time."

Daisy then got up to say goodbye, and Sun Zhiwei saw her to the door.

Outside, workers were mowing the lawn with lawnmowers, but Sun Zhiwei ignored them and went back inside to take a nap.

When he woke up, it was already dark. He checked the time and it was almost 7 o'clock. He tidied his hair, changed into casual clothes, grabbed his wallet, and went out.

The party was held in an open space in the middle of Central Park, just a few hundred meters from Sun Zhiwei's house.

In fact, the entire Central Park is only about 800 meters wide and 4 kilometers long.

In such a small place, there is a large lake and five small ponds, plus a baseball field, tennis court, softball field, ice rink, zoo, and amusement park.

Based on this calculation, there is hardly any open space here.

Therefore, you really need to book well in advance if you want to use this open space for a party.

He crossed the road and strolled along the park path, soon arriving at the party venue.

Lights, a buffet, drinks, and seating have already been set up here.

The children were already playing around, and the well-dressed neighbors who knew each other had gathered in small circles and were talking quietly.

The community service staff roamed around the venue, taking care of the children who were running around.

On the outermost edge, scattered security personnel can be seen on every path. Whenever a child tries to cross a path away from the open space, they are stopped by the security guards.

The security situation in Central Park at night is not very good, especially in some wooded areas without lights, where drug use, robbery and other incidents occur frequently.

The community has arranged so much security; it seems they've put a lot of thought into it.

He had just taken a glass of whiskey and walked to the edge of the grass when Ms. Daisy spotted him from a short distance away.

Daisy walked straight toward him; she looked stunning in an off-the-shoulder gown that evening.

“Mr. James, you’ve arrived! Come with me, I’ll introduce you to the neighbors.”

Daisy is both an employee of the HOA and a resident of the neighborhood; she serves as a bridge between many neighbors.

Especially for new residents, it's easy for them to gain acceptance from their neighbors when she introduces them to the community. Daisy took Sun Zhiwei around, introducing him to various small groups.

Before long, everyone knew that a new resident had moved into the community. He seemed to be in the mining business, and was also an antique appraiser. He was strong, gentle, and single.

There happened to be a circle here with a few people in the mining and jewelry business, so Sun Zhiwei naturally integrated into this small circle.

"Mr. James, I heard you own several mines, including gold mines?" The speaker was a portly, curly-haired white man.

"A gold mine? There is one, but it's a small one, in California."

“That’s great. I’m Toby Bradley from Magnificent Jewels. I wonder if I could source some gold from your mine every year?” Toby handed over his business card.

"As you know, the Federal Reserve is like a dragon, controlling gold and only taking in without giving it out."

"Most of the gold produced by the federal government each year is stored in their vaults. This has caused the price of gold raw materials for our jewelry making to rise sharply."

"Hello, I'm James Robert, an antique appraiser." Sun Zhiwei handed out his business card to the people around him, but the address he left was an antique appraisal shop in Washington, D.C.

"Ah, you also have businesses in Washington, that's great," Toby said with a hint of flattery. He was asking for a favor, so his attitude was naturally very polite.

Indeed, as he said, the situation within the federal government has been greatly tightened regarding gold.

His jewelry company, whose previous gold sourcing channels had been reducing their supply, was naturally unwilling to let go of the new sourcing channel it had discovered.

"It's not that I'm unwilling to help, but according to my information, gold prices are expected to rise sharply in the next few years."

"I've stockpiled all the gold produced from my mine, and I plan to sell it when the price is high."

Toby was rejected, and his face naturally looked a little unhappy, but he wasn't really angry.

For business people, if this deal doesn't go through, there's always next time.

"That's a real shame. It seems I'll have to look for new suppliers."

"Toby, although we just met, we're neighbors now, so I can help you with some small favors."

"Here's what I'll do: I'll make you a promise. If you need gold in an emergency, you can call me."

"Really? How much can you sell it to me for?" Toby was surprised by the unexpected turn of events; his new neighbor had changed his mind again.

"No, no, no, it's not a sale, it's a loan. I can lend you gold for working capital, but you have to return the gold to me, and there will be no interest for the first three months."

Toby was surprised that Sun Zhiwei would rather forgo interest for three months than lose his gold. Could it be that his prediction of a gold price increase was true?

"James, although I haven't used it yet, your promise is very important to me. I wonder how much gold you could lend me for working capital?"

"No more than 10 ounces, I suppose."

“I can only get this much in New York. If I need more, I’ll have to ship it from California, which is too much trouble.”

"Enough, enough, hahaha, James, you are my savior, I'll toast you."

For Toby, this was a stroke of good luck.

10 ounces of gold, worth $1100 million, and although the loan period is very short, only 3 months, there is no interest.

Moreover, for his jewelry store, gold was not just money, but also ammunition and supplies. When urgently needed, he couldn't find anywhere to raise it.

(End of this chapter)