America: My Time
Chapter 76 Gold Futures
Chapter 76 Gold Futures
Chapter Seventy-Six Gold Futures
As the game world continues to receive applications, its funding is constantly increasing. Wall Street giants are also raising their valuation of the game world, and are eyeing its huge profits, making them even more eager to participate in the upcoming financing game!
All the Wall Street giants understand that they have to bleed, bleed a lot, otherwise they will not be able to qualify for financing. This can be seen from the reaction of those game companies in the United States. With the continuous increase in sales of home game consoles in the gaming world, those companies that manufacture game cartridges have seen enormous potential.
In just one summer, sales figures across North America have increased by tens of millions. You can imagine how enormous this market share is. And this is only because of insufficient production from contract manufacturers and severe shortages in the market. Otherwise, this number would have increased by another 50%. The figure for handheld game consoles would be even more staggering!
If North America is already this strong, how much sales will there be in Europe, Asia, Africa, and South America? A hundred million might not be difficult to achieve. What an astonishing market a hundred million represents! Which game company could resist such a temptation?
The game world has very strict requirements for them. If they cannot meet the game world's quality requirements, they cannot enter the game world's platform. The game world does not want to ruin its reputation because of game quality issues.
Although some game companies were unwilling to accept this and even protested, they couldn't influence GameWorld's decision. Anyone who didn't accept it was simply kicked out of the platform. Lured by profit, companies seeking quick profits through opportunistic means were doomed. The royalty system directly regulated the game market, weeding out inferior games. All game companies joining GameWorld's platform were forced to focus entirely on developing one game, rather than launching a dozen or more at once!
The emergence of GameWorld has institutionalized the North American gaming market. As GameWorld continues to expand, it will gradually globalize, becoming the dominant force in the gaming market. GameWorld can continuously exploit gaming companies around the world! Resistance is futile. GameWorld is a new company that holds patents and sets the rules for games. This benefits the entire gaming market and gaming companies, allowing them to concentrate their efforts on developing the best games, providing players with the best experience, and truly regulating the order of the gaming market!
Of course, there are also people who hate the gaming world. These game companies have been kicked out of the gaming world. Since they are unwilling to accept the rules of the gaming world, they naturally cannot use the gaming world's platform. Atari is one of them. As a former gaming giant, they cannot accept the rules of the gaming world. They cannot afford to lose face!
After settling things with Legendary Entertainment, John continued his plagiarism spree, copying music, novels, and TV and movie scripts to expand his copyright library. At the same time, he was also thinking about what subjects he should choose for his university studies!
Most people would choose business administration to better manage their company, but John doesn't need to manage it himself. He needs to plan from a higher level, so international relations and economics are the focus. For a large, international company or conglomerate, a lack of understanding of international relations is unacceptable, and a lack of understanding of economics is even more so. John can't study all of them; he can only selectively choose courses. Fortunately, his mother is a professor at Stanford University, giving him detailed knowledge of all of Stanford's disciplines and their strengths.
After careful consideration, John chose to major in economics and minor in international relations and geophysics! John didn't choose computational science; instead, he chose geophysics. Although his parents were very surprised by John's choice, no one stopped him—it was John's own decision!
Why choose geophysics? This was another cover John had carefully prepared for himself, a cover for minerals and resources. He wanted to seize the initiative in mining and oil energy. If he knew nothing about it, he could explain it as good luck once or twice, but if it happened too often, it would inevitably arouse suspicion.
Soon, the September semester arrived, and John, unsurprisingly, entered Stanford University, his every move under the watchful eyes of Wall Street! After choosing his major, it was quickly presented to Wall Street tycoons, who were eager to know what this young man would choose!
They were stunned. When they saw John's choices, they were dumbfounded. There was no business administration or computer science as they had imagined, but economics, international relations, and geophysics! Economics and international relations made sense, but what was geophysics? It had absolutely nothing to do with the companies John owned. If he had any interests, they should have been literature, music, entertainment, or media. Legendary Entertainment was a large media conglomerate!
Legendary Entertainment is now a large media conglomerate with television stations, film studios, record labels, publishing houses, toys, and animation. Although it is not an industry giant, it is still a large media conglomerate with considerable influence when combined, not to mention the acquisition agreement it reached with Morgan Stanley for Universal and NBC television networks!
Although John's academic choices surprised the Wall Street bigwigs, it didn't shake Morgan's mind. While they were surprised, they wouldn't change their plans, still optimistic about John's future in semiconductors and personal computers, completely ignoring geophysics! "Haha, those old guys will be shocked by my choice, but it won't be long before you know why I chose geophysics, and you'll be even more shocked then! I don't have time for you now; I need to prepare to close my gold futures positions. I don't want to earn the last penny!"
John didn't want to be too greedy or take too much risk by selling at the peak of gold prices. Instead, he chose to sell early, gradually closing his positions without alerting others, and securing his profits!
At Stanford University, John was already a celebrity, and many people wanted to get close to him—from beautiful women to ordinary students, all with various motives. John didn't have time to get entangled with them; his time was limited, and he wouldn't waste it on these people. Focusing on learning the knowledge he wanted was the most important thing. Aside from attending a few lectures, he spent most of his time in the library, absorbing all sorts of knowledge.
John understood that he couldn't be like a regular student, spending the entire semester learning at school. He would need to travel all over the world for various reasons, so he had to seize every minute to enrich his knowledge, which was a very important accumulation!
John had previously studied at Stanford, but that was just auditing classes and nothing special. As John continued his studies at Stanford, many people were moved by his crazy study spirit. John, who has a net worth of hundreds of millions, is still able to maintain such a learning attitude, which is a spirit that many people need to learn!
While John continued his studies at Stanford University, this gold futures investment had ended, and the profits had slowly returned to the bank account John had prepared earlier, awaiting the next investment. As an investment company in Hong Kong, it also made a considerable profit, even though the period was a bit short!
In the vast gold futures market, John's small investment didn't even make a ripple, disappearing quietly into the towering waves. No one noticed that someone had taken more than 200 million US dollars from the gold futures market, which was insignificant compared to the overall trading volume of the gold futures market.
This gold futures investment gave John even more confidence, and his parents were equally shocked. They never expected that John could make such a large sum of money from the gold futures market in such a short period of time, and they affirmed John's investment ability!
John didn't want all his funds tied up in investments, so he kept only tens of millions of dollars in the investment company's account, while the remaining two hundred million was split up and deposited into banks as a safety net. To be on the safe side, he deleted all his original accounts and cut off all contact to prevent anyone from discovering his existence.
Before the Plaza Accord, one's investment company must not be exposed to the giants of Wall Street. It must remain hidden and wait for the right opportunity to seize large sums of money from the market and complete its capital accumulation in one fell swoop. In the early stages, one must be careful and cautious and cannot make any mistakes.
With historical gold price trends as a guide, John continued trading gold futures for his investment companies, shorting at the peak. However, this time John didn't use high leverage, only five times. While making money was important, safety was paramount. Low leverage was the best choice, avoiding alerting the giants in the gold futures market and preventing market surprises. Caution was the way to survive.
(End of this chapter)
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