America's Road to Wealth

Chapter 283 Crazy Smith in the eyes of Soros

Not to mention the interaction between the children of British powerful men on the Victoria cruise ship.

Abel and his convoy, after leaving the Thames, drove into London.

London is the heart not only of the UK but of all of Europe.

In the bustling London, countless roads crisscross each other, and various buildings stand on both sides of each road.

It was late at night, and little Laura was a little tired.

The convoy returned to the Savoy Hotel.

The Duke's Suite on the fifth floor of the Savoy Hotel. The facilities here are not so much a hotel luxury suite as they are an interior room in a castle in the typical aristocratic style of the Middle Ages.

Everything looks very old, very European, full of medieval flavor.

Abel wasn't too keen on this.

But little Laura liked it very much. After she moved in in the afternoon, she was very satisfied with the place.

When she came in again in the evening, she continued to admire the decoration in the room with the same interest.

Abel took out a bottle of XO, the top brandy, from the wine cabinet.

He personally doesn't like drinking, mainly because he can't taste the good taste of wine.

There's a purpose for bringing out the wine glass tonight.

Abel asked: "Drink?"

"Okay, but I'm going to take a shower first." After saying this, little Laura entered a bedroom in the suite.

This ducal suite has three bedrooms.

Abel dimmed the lights, put a few ice cubes in the glass, and poured half a glass of strong liquor into it.

Panoramic floor-to-ceiling windows,

In the distance is Tower Bridge.

Feel,

atmosphere,

All are here.

Maybe I can stop drinking.

A smile appeared on his face.

This is England, London, no longer the United States.

Catherine, Marcus and other Secret Service staff were outside but did not come in.

He and little Laura were the only ones left in this room.

I have known her for more than half a year and have been in a relationship for more than four months.

Judging from the relationship between fish and fishkeepers, little Laura has been the fish he has kept in his pond for the longest time.

The fish farmers now don’t want to wait any longer.

He took out the prepared keys from his pocket and walked towards the door of little Laura's bedroom.

The door was indeed locked as always.

Since the last time, this little girl has been very wary of him.

I have been insisting that I have to wait at least until they get engaged before I can really let him touch her.

The Smith family and the Bush family have actually already negotiated the engagement.

It will be held this Christmas.

It was exactly a year since the two had known each other, which was a bit of a commemorative moment.

Neither Abel nor little Laura objected.

In other words, if everyone had to listen to little Laura, Abel would have to endure it for at least five months.

If he were in the United States, he would still be able to endure it. But now she is in London, and everyone in the Shrub family is relieved that she will come with them.

So what's there to hesitate about?

Abel inserted the prepared door key, and the door opened in response.

With a proud smile on his face, he walked towards the bathroom where the door was not closed, and the sound of water and the sound of little Laura singing could be heard from outside.

He had already started to take off his clothes halfway, and when he reached the bathroom door, he was only wearing a pair of large underpants.

"ah!"

Little Laura found her boyfriend standing at the bathroom door, and she screamed in fright.

Then……

(This is a bus bound for kindergarten, omit 10,000 here, write down whenever you order 5,000)

the next day.

Abel never left the Savoy Hotel and stayed with her.

The girl's sadness finally dissipated a lot.

But just because Abel didn't go out, it didn't mean that the entourage who came with him was free.

In addition to a portion of Rock Security's staff.

During this period, Abel's advisory group almost came out in full force and became active throughout the UK, mainly in London.

The third day.

Abel continued not to go out and stayed with little Laura in the hotel.

Since then, the two have officially lived together.

Day four, noon.

Abel still didn't go out all morning.

But an uninvited guest shows up.

Abel was working as a teacher to little Laura when the uninvited guests came to his door.

"Why did Soros come?" Little Laura was curious.

"What I want is for him to come. Haha~" Abel touched her head, "Let's go and see him."

Ten minutes later.

The two appeared together in front of George Soros.

The meeting place was on the sofa in the lounge next to the lobby of the Savoy Hotel.

This hotel has been temporarily booked by Abel.

Currently, except for some of the waiters, all are Rock Security staff.

George Soros is seventy-one years old.

The old guy's hair is completely white, and his eyebrows are half white.

He looks a bit rich and looks like a kind-hearted old man.

Judging by appearance, who would have thought that the old man in front of him has harvested the wealth of so many small countries with a financial sickle for more than ten years.

It feeds Wall Street, feeds international hot money, and indirectly feeds oil capital.

On the sofa in the hotel lobby, the two parties shook hands and sat down separately.

Soros spoke first.

The old guy spoke English with a distinct accent. After sitting down, he smiled and said:

"Mr. Smith, I didn't expect you to come to London. It seems that the attraction of London is really great, so great that it attracted us all."

"Yes." Abel responded with a smile:

"After all, this was a place where the sun never set. It was one of the most prosperous financial cities in the world. Who among us financial professionals wouldn't like London?"

"Hahaha~" Soros laughed.

After the laughter stopped, the top oil man and the financial sword of Wall Street said softly:

"Mr. Smith, I think we can definitely join forces this time. You should understand that one Kingdom of Norway is worth ten Siam."

Hearing what the old guy said, Abel raised his eyebrows.

Abel knew what the old guy was talking about.

I also know why Soros suddenly came to look for me.

Even Abel stayed at the Savoy Hotel these days and didn't go out.

In fact, it means waiting for Soros.

Because Soros's operation on the Kingdom of Norway obviously encountered setbacks.

After all, Norway is different from Southeast Asia, and even from the Kingdom of Han.

It is first of all a European country, and it is also one of the countries with the best economy in the Nordic countries.

Secondly, I was once a great power back then. The ancestors were also robbers, and a large amount of wealth stolen by the ancestors was still accumulated in their country.

What's more, there are abundant oil and gas resources, which is more important than anything else.

This gives the country greater financial and economic confidence.

In addition, the European Union, which has been silent, finally extended a helping hand and actually signed a 100 billion euro local currency swap agreement with Norway.

Coupled with Norway's own confidence, Norway withstood the first and second waves of Soros' attacks.

Seeing that the strong attack was fruitless, Soros temporarily stopped his actions and began to prepare a third wave of attacks.

From the looks of it, the old guy tried to attack the Kingdom of Norway to no avail and wanted to join forces with him.

Abel thought this in his heart, and then he said:

"The Kingdom of Norway is more delicious than Siam. But George, can I call you that? You can also call me by my name directly."

"Of course." Seventy-one-year-old Soros looked at twenty-one-year-old Abel with a smile.

"Abel, it's just like you said. The Kingdom of Norway is even more delicious than the Kingdom of Han. You didn't participate in the previous times because you were too young. Do you really want to miss it this time?"

"How could that happen?" Abel smiled:

"Am I not shorting the Norwegian krone? The total funds I have invested in USD/NOK have reached 80 billion U.S. dollars."

"George, my investment is no less than yours. I'm also shorting the Norwegian krone."

Soros thought, can this be compared?

The financial sword of Wall Street plays spot foreign exchange.

Because only in this way can a country's monetary system be defeated.

Thus achieving the effect of dollar tidal plunder.

The main method is to use U.S. dollars as collateral, lend Norwegian krone to the world and even Norway, and then wildly dump Norwegian krone to the outside world.

This will cause the supply of Norwegian kroner to exceed demand for a period of time, and the currency value will fall involuntarily and begin to go short.

In order to stabilize the domestic currency system at this time, the normal method of the Kingdom of Norway is to use foreign exchange to buy back the Norwegian kroner on the market.

These foreign exchanges, usually US dollars or pounds, fell into the hands of Soros and others who were short sellers.

The price difference here is Soros's profit.

This practice is called spot foreign exchange trading, but Soros and his colleagues are so big that many countries cannot handle it.

Abel is long USD/NOK and appears to be short the Kingdom of Norway as well.

But strictly speaking, that's not the case at all.

Because what Abel does is betting on foreign exchange futures contracts.

In other words, Abel was playing futures bets on the foreign exchange market with other players in the USD/NOK currency exchange market.

It has an impact on Norwegian krone's spot foreign exchange, but the impact is far less than Soros.

To put it simply, the Kingdom of Norway is like a village, it prints its own money and spends it. Soros just took the money from outside and went inside to dump the village's money.

If he succeeds, the village's money will become worthless and the monetary system will collapse.

Abel was standing outside the village, betting with a lot of other gambling monsters on whether Soros could succeed.

Generally speaking, this is the difference. It would take a finance graduate to explain it in detail.

This is the difference between spot foreign exchange and foreign exchange futures contract betting.

However, in many cases, betting on futures contracts can also be converted into spot foreign exchange transactions.

Soros said that he wanted to join forces with Abel because he wanted Abel to cash out his futures betting positions and turn them into real foreign exchange transactions.

In that case, Abel would become like Soros, directly standing up to short the Kingdom of Norway.

It's not like what Abel is doing now, where he just uses the exchange rate of Norwegian krone as the betting result.

Although Abel did this, he was actually shorting the Norwegian krone, which had a great impact on the exchange rate of the Norwegian krone.

But no matter how influential it is, it is better to do it for real like Soros.

This is the difference between the two in Norwegian krone at this time.

"Dear Mr. Smith, are you sure you really don't want to take a bite?"

Soros was not discouraged, and the old guy continued to encourage Abel:

"We have a lot of allies this time. We have more friends than when I was in Southeast Asia and Han Kingdom."

Abel knew what Soros said was true.

In fact, it was Soros alone, plus some of the Oilers' financial capital.

It was impossible to defeat the British pound in 1991.

It is also impossible to defeat Southeast Asia and Han State further behind later.

I did it with Soros at the time.

It is the power of the entire Wall Street, plus the financial power of Europe and even Neon.

It was these guys, collectively known as international hot money, who swarmed in and attacked like crazy to complete the achievement.

Soros is just the spearhead of the charge, the one who blows the horn.

When the old guy said these words, he was telling Abel.

This time for the Kingdom of Norway, international hot money will also enter the market.

Probably most of them have already entered the market.

They are very happy to cooperate with Soros.

As long as it is profitable, even the Kingdom of Norway has its own financial capital.

They may all attack their own motherland.

This is financial capital, which is more terrifying than ordinary capital. The purpose of its existence is to proliferate indefinitely.

It is the most terrifying money power ever created in human history.

Even the occurrence of World War I and World War II had traces of their existence.

The only way to escape their shadow and clutches is to close the country financially.

Even the door is closed, so there is no need to worry about their wreaking havoc.

But even so, they still knock on the door from time to time.

Like a ghost knocking on the door.

After retracting his divergent thoughts, Abel said softly:

"George, you said so yourself. Then you should understand that I am just like these friends of yours. As long as the situation is right. You understand."

Soros laughed. This sword of Wall Street finance felt that he knew what Abel meant.

"That's it." Soros looked at Abel, "Then I understand. I wish us a happy cooperation."

Thoros reached out to Abel.

Abel reached out and shook his hand, but instead of responding to his happy cooperation, he smiled and said:

"I've been in London for almost four days and haven't been out much. Dear George, I'm going to the exchange in the afternoon. How about you?"

"I'm also going to the exchange." Soros said, "I'm preparing ammunition."

"How about we go together?" Abel said with a smile.

Soros didn't take no for an answer.

Abel took little Laura with him, and Xiao Nizi didn't speak the whole time just now.

She just kept smiling and acted as the most beautiful vase.

Little Laura knew that in this situation, what she did was the most correct thing to do.

The group of people waited and soon arrived at the City of London.

The abbreviation of the City of London is the City of London, which is one of the 33 counties in the Greater London area.

It is located on the east side of London's famous St. Paul's Cathedral, covering an area of ​​2.6 square kilometers, and is also known as the "Square Mile".

This square mile of land is also called the City of London because of the large number of banks, stock exchanges, gold markets and other financial institutions.

When Soros came here, he originally planned to go to the futures exchange and stock market.

But Abel was going to the gold market.

I don’t know what Soros thinks. The old guy turned around and followed Abel to the gold exchange.

The London gold market has a long history, and its development can be traced back to more than 300 years ago.

In 1804, London replaced the Amsterdam Exchange in the Netherlands and became the center of the world's gold trading.

In 1919, the London Gold Market was officially established, and gold pricing was conducted twice a day in the morning and afternoon.

The five major gold banks jointly set the gold market price for the day, which has always affected gold transactions in New York and other parts of the world.

The most famous of these is the so-called London Gold Trading.

London gold trading is one of the most active futures markets and spot markets in the world with the largest market volume and the largest daily trading volume.

Generally speaking, London gold is priced in U.S. dollars and measured in imperial ounces.

The gold quotation is based on the Dow Jones International quotation, which is mainly based on the spot gold price in the London market.

One ounce of gold is equal to 31.1035 grams. The daily trading price is xxxx US dollars/ounce.

Similar to other futures markets or foreign exchange markets, the London gold market also uses a margin trading model.

You only need to pay a small deposit to conduct large transactions. This is the best way to attract small and medium-sized customers.

When you cut it open, you can see that this is actually to attract the leeks to come in and be cut.

Otherwise, if the entry threshold is too high, little leeks will not be able to get in.

Who will the dealers cut?

You can't have a civil war all day long, right?

The gold market is also similar to the foreign exchange market and other futures markets. London gold can also be traded in both directions, either up or down.

You can either buy first or sell first.

Therefore, no matter how the gold price fluctuates, investors always have room to make profits.

As long as you are within global trading hours, transactions can be completed instantly.

Since it is a market maker system, there is no question of whether someone will take the order, unlike stocks where you will be stuck.

Strictly speaking, the London gold market is not an actual trading place, but an invisible market connected through the sales network of major gold merchants.

The members of the exchange are composed of the five major gold merchants such as HSBC, Scotiabank, Rothschild International Investment Bank and Deutsche Bank, as well as some companies recognized as qualified to purchase gold from them.

Then extend to various processing manufacturers, small and medium-sized shops and companies.

During the transaction, the gold merchants quote the buying and selling prices based on their respective buying and selling orders.

The purity and weight of gold can be selected. If the customer requires it to be sold in a distant area, the gold dealer will also quote the freight and premium, and can also quote the futures price according to the customer's requirements.

The most popular way to buy and sell London gold is that customers can buy spot gold without settling cash, and only need to pay the agreed interest rate at maturity. However, customers cannot obtain physical gold at this time.

This method of buying and selling gold is just a number game on the accounting books until the customer performs the opposite operation to close the position.

This is a huge investment plate in the investment world that is comparable in size to the foreign exchange market, and the daily trading volume exceeds the stock market.

Today is July 24th, Abel’s fourth day in London.

So many days are already enough for his people to find out clearly about this place.

His advisory team, plus some Smith Capital staff, are already in the London gold market.

A special room was built for him, which is Smith Capital's safe trading room here.

As the group of people waited, they naturally entered a room with an area of ​​more than 150 square meters and filled with telephones and many computers.

When everyone arrived, there were already 60 traders in the safe room, waiting for them.

Some of these traders were brought over from New York.

Others are recruited locally.

They have all been adapting for half a month. These people have appeared since Abel wanted to come here.

In the safe trading room, Soros also followed.

The old guy only brought two followers and stayed in the room after getting Abel's permission.

Abel did not shy away from Soros, because the old oil man wisely handed over all the contact tools.

The shielding device in the room was also turned on.

At this moment, in this room, except for limited wired communication, other signals are blocked.

Then it is not impossible for Soros to watch here.

The old guy has already gone through the security check, and there are still people watching him and his people.

In the safe house.

Without David Mellon, Abel played on his own.

Abel said calmly: "According to the original plan, a total of 20 groups were divided. Each group held a position of 500 million US dollars, used the margin trading mode, directly activated 10 times leverage, and held a multi-party transaction order to buy London gold."

London gold is a holy land for speculators and a meat grinding ground where bulls and bears fight.

Every day, countless people achieve financial freedom here, and countless people are liquidated due to liquidation.

You can enter the market with as little as $1,000, and with 100 times leverage, one point of rise or fall is worth $100.

If the price falls by about 7 points, the position will be forced to be liquidated. For example, the current price is 257.92 to 257.85. It is simply 7 points, not a percentage.

The 60 traders are divided into 20 operating groups.

Each group has a leverage of 500 million and 10 times, which is equivalent to US$100 billion in funds.

One pip of profit and loss is $62 million.

Little Laura is not very familiar with the financial field and can be said to be a novice.

She couldn't understand how valuable and dangerous Abel's orders were.

She just sounded cool and felt very professional.

But just because little Laura doesn’t understand, it doesn’t mean that others can’t understand.

As one of the giants on Wall Street and a trader himself, Soros certainly knows this very well.

The Oilers Capital finance boss naturally knows what Abel's words just said mean.

Hearing the operation method explained by Abel, he couldn't help but breathe a little thicker.

This. How strong of a heart do you have to dare to play like this?

Such huge funds and such high leverage. To be honest, Soros felt that he would never dare to do this if it were him.

Soros does more spot foreign exchange transactions, with the goal of directly plundering the wealth of small countries.

The London gold investment that Abel showed in front of him this time was something Soros had never seen before.

Those with small capital amounts, one to two thousand dollars or tens of thousands of dollars.

There's nothing unusual about playing with such high stakes, and there's nothing to say about it.

But with such a large amount of capital, Abel still had such exciting fun. The risk was so high that Soros felt that he couldn't bear it.

If the price of international gold futures really drops sharply after Abel's move, the loss will be

The loss doesn't seem to be big?

20 groups, each with a funding of US$500 million, add up to a total funding of US$10 billion.

Soros calculated in his mind that if all positions were closed, he would only lose 8.4 billion, leaving at least 1.6 billion remaining.

And how is it possible to close the position?

A drop of at least 14% is required before forced liquidation is triggered.

Soros has never engaged in such exciting ultra-short-term investments.

But it is also clear that unless there is a very terrifying black swan, it is impossible for London Gold to experience such a large drop in a single day.

Thinking about it, what Abel did like this seems quite reliable. It’s only ten times the leverage, which is not a lot.

After a crazy inner rant, Soros was not so shocked...that's weird!

Even from Soros's perspective, he felt that Abel's transaction this time was a mess.

How can you invest like this?

There is no need to open a position in advance, just grab the gun and get started.

This kind of investment method and operating style is simply unheard of.

Soros, who saw Abel's operation for the first time, was a little numb.

Under Abel's arrangement, US$100 billion of funds quickly entered London Gold.

Such a large amount of funds and such a crazy entry speed.

Even though it's afternoon, it's the craziest time of the day for trading volume. The market has about $5 trillion to $8 trillion in trading volume at this time.

But the entry of US$100 billion is already very conspicuous.

It was like pouring a load of stones into a pond, and the whole market's attention was drawn to it.

Fortunately, the market is big enough. A cartload of pebbles dumped into the pond will not affect the situation in the pond for the time being.

"Don't worry, just wait."

After Abel finished explaining, his face was calm. Even though the transaction had not taken long, there was a floating loss of 184 million US dollars on the book. London gold was still falling slowly, and the short sellers were very fierce.

He didn't care, and turned to look at Soros, "It may be very boring next time. If the results are to be released, the fastest will be at night, if not, it may not be until tomorrow morning."

"George. You can't leave until night at least."

Soros also understood the rules of the financial safe house. The old guy went directly to the sofa in the middle and sat down.

"I can wait. I know the rules." George Soros said.

"Um, are you sure?" Abel said, "Wait a minute, I will walk away for a while and come back to see the situation later."

Hearing what Abel said, Soros couldn't help but said:

"You want to leave? Such a large transaction volume, such a huge amount of funds, and such a volatile market. Aren't you here to keep an eye on it?"

"I'm measured." Abel responded with a smile.

"It was the same when I was in New York. I rarely stayed in the company, and I always let my CEO execute my orders over the phone."

Soros feels that today has been an eye-opener for him.

First, I saw that Abel’s investment style was the same as that of a layman.

To put it bluntly, it's like a gambler's operation.

Then I learned about such an "internal secret" of Smith Capital.

But such an outrageous person and such an outrageous company, as far as Soros knows, it took more than a year and less than two years.

Such outrageous people and companies have made tens of billions of dollars.

Richer than his own net worth.

The Oilers financial boss is already a little skeptical in his heart.

Do you have to be a gambler like Abel to make so much money in such a short period of time?

Soros doesn't believe it. If this is the case, it really makes no sense.

"I'll stay here. I want to see what will happen to your crazy operation." Soros decided.

"as long as you are happy."

"It's just that after I leave. They might not let you go. You know the safe house system."

Soros nodded, "Of course I understand. Don't worry, since I came in to see it, I will abide by the rules."

"Not just you, but the two of them too."

Abel pointed at the two followers of Soros, who seemed to be bodyguards.

The two white men were as tall as the Four King Kongs.

"Of course." Soros smiled.

Little Laura, standing behind Abel, couldn't help but feel worried.

She was not sure about the reliability of the financial safe house, and felt that it was not very reliable to put Soros in it.

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