Reborn Capital Madman
Chapter 0387 Business Opportunities for the Bicentennial of the Founding of the United States
Gao Xian and Fed Chairman Arthur Burns knew each other, but Gao Xian didn't intend to spend a lot of effort to get in touch with each other because there was no need.
You should know that when faced with various questions, important personnel like the Chairman of the Federal Reserve have long practiced Tai Chi to perfection. Deliberately tempted can only bring the other party's tight-lipped words, and thus make the method of doing things fall underestimated.
It’s better to patiently verify through other channels.
This incident inevitably took time. Gao Xian turned to the existing personal resources to further investigate the futures trading operation mechanism of New York and Chicago. Among them, the talent field has been almost the same as the training and introduction, and it is mainly the international futures trading.
It takes a lot of effort to talk about cooperation.
The futures market trend in this era is not an exaggeration to describe it as hot.
One of the reasons is naturally that after the collapse of the Bretton Woods system, the US dollar is no longer equivalent to gold. Banknotes are printed and depreciated continuously. In turn, the preservation properties of precious metals such as gold and silver have attracted a large number of speculators.
It happened that the oil crisis has aggravated this trend and also made crude oil futures a hot topic.
In addition, soybeans, one of the agricultural futures varieties, have just experienced a big bull market. During this period, the soybean prices on the Chicago Futures Exchange rose by more than 600%, and were even created by speculators.
A brief "out of stock" scene, so much so that big players like the Hunter family made hundreds of millions of dollars.
It is necessary to point out that just as the stock market craze exposed by the stock market in Hong Kong in the early 1970s, the financial supervision of the United States is mature, but it is not impeccable, such as a big one like the Hunter family.
Players can actually open multiple accounts and control market conditions.
In this case, the risks in the futures market can be said to be terrifying.
Silver futures are a good example. The price has been raised from two dollars to more than six dollars by speculators. As a result, the Mexican official house, which had a cost price of less than two dollars, decisively arbitrage, and suddenly hit the price.
It's less than four dollars, which fully explains what a zero-sum game is.
Fortunately, silver is a metal, and even if it is delivered under a last resort, it will not rot in your hands. But if it is replaced with agricultural products like soybeans, you can only witness how it becomes organic fertilizer.
Although Gao Xian can resist the risk of becoming an organic fertilizer to some extent, his operations are still conservatively following the trend, and he is content with making a few hundred dollars every time.
Because there are still many inconvenient trading methods in this era, such as the trading process in the Chicago Futures Exchange relies on manual operations, and an emergency situation that exceeded expectations really occurred, and Gao Xian was very likely to have no time to respond.
Furthermore, Xiang*** also needs to continuously invest resources to consolidate. The principle of Gaoxian is to be safe first.
Patricia, who accompanied Gao Xian through major cities in the United States, had a lot of fun, but she could also help with documents and other things.
Seeing Gao Xian set up, add margin to buy the soybean contract this year, Patricia was surprised and said, "This cycle has ended, why do you still have to buy it?"
Gao Xian explained patiently: "Since last year, there has been a reduction in production in the United States soybeans, and I expect a real supply and demand gap this year."
Patricia suddenly laughed, "Making money with others will not show our ability."
Gao Xian was amused and hugged the little slave's waist and asked, "You have graduated from college this year. Do you have any plans to further your studies?"
Patricia looked up at Gao Xian and replied, "I'll listen to you."
Gao Xian thought for a moment. Patricia was in her early twenties and was very playful and didn't have much time to look at her children. She should use reading to fill in the time when she was not around. So he suggested: "That's it."
Let’s continue to study. No matter what major it is, I can help me in art collection, charity, business, etc. in the future.”
When Gao Xian said that he could help him, Patricia clapped her hands excitedly and immediately said, "Then I'll go and study for a master's degree in business administration."
Gao Xian touched Patricia's face in a doting way, "Just like it."
...
Gao Xian, who was rushing on the east coast of the United States, also came to the west coast of the United States. Because a batch of imported goods arrived in Los Angeles, this is a major achievement of Gao Xian as the chairman of the Xiangjiang Trade Development Bureau, so he naturally had to show his face.
This year is a bit special for the United States. It is not only the year of the general election, but also the 200th anniversary of the founding of the United States.
Therefore, whether it is the need for patriotic education or the driving force of the rule of law, special years like this will become a hot topic.
In fact, as early as July 4, 1966, the United States National Day, the US Congress passed a resolution to establish the 200th anniversary commemoration committee of the founding of the United States and began preparing for commemorative activities.
However, the plan is a bit petty, just a city fair held in Philadelphia or Boston. The idea is not difficult to understand. When the United States issued the Declaration of Independence and broke away from British colonial rule, the main participants were the East Coast of the United States, including
There are thirteen cities including Philadelphia and so on.
It is obvious that the simple 200th anniversary of the founding of the United States has increasingly dissatisfied politicians. For example, the almost shameful haze like the defeat of the Vietnam War is necessary to use a grand commemoration to drive it away.
Therefore, at the end of 1973, the 200th anniversary commemoration committee of the founding of the United States was dissolved and replaced by the 200th anniversary commemoration authority of the United States, responsible for encouraging and coordinating sponsorships and commemorative activities across the United States.
To put it bluntly, the 200th anniversary of the founding of the United States has been changed from the initial city fair to a commemorative event throughout the United States.
Obviously, this is a great business opportunity. Any product can be printed with red, white and blue colors and can be stained with the light of souvenirs.
Although the United States has introduced policies such as imposing surcharges on imported products in order to solve the trade deficit problem, the United States has already been in the last year in order to give the Commonwealth's "Imperial Special System" a final blow and win over the Commonwealth members.
Tariff preferential treatment for Xiangjiang was implemented by the end of the year.
Therefore, the pressure on Hong Kong to export to the United States can still be withstood. Gao Xian also fulfilled his duties as Chairman of the Hong Kong Trade Development Bureau during the United States activities and helped contact many businesses.
The container cargo ship that arrived in Los Angeles this time was full of clothes, toys and other goods, worth millions of dollars, and the bosses of the related companies also came to Los Angeles in person.
Amid the compliments of Sir Gao, Gao Xian called these Xiangjiang business people to the Xiangjiang Chamber of Commerce Club in Los Angeles, and talked about their plans to make a fortune while talking about their cups and chatting.
A meaning is revealed in Gaoxian's dialect. It is not easy for everyone to make some dollars, so don't rush to exchange it back to Xiangjiang. It's better to go around the United States twice.
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