America's Road to Wealth

Abel in David Mellon's resentful eyes.

While on the phone with another David.

New York City, 120 Broadway, Manhattan, World Financial Center.

Even if it is placed in the entire United States, the World Financial Center is still a landmark building in the United States.

Its designer is the famous architect Cesare Pelli. It is a complex of four skyscrapers.

Well, next to it is the Twin Towers, which Abel is very taboo about.

Merrill Lynch occupies the entire 34th floor of Building 4 of the four-building building.

Merrill Lynch,

Chief Financial Officer Charlie Schaaf is discussing the corporate bond department with President Stanley O'Neill.

Stanley O'Neal is an African-American, which is very rare on Wall Street.

Some claim that Stanley O'Neal is the new chapter of Wall Street.

It is a new trend in the financial world.

These accolades were coupled with Stanley O'Neal's own abilities.

This put him in a high position after working at Merrill Lynch for more than ten years.

Today, Stanley O'Neill is one of the presidents of Merrill Lynch.

But his power in the company is even higher than that of the CEO.

Because he has won the trust of shareholders and has top-notch maneuvering abilities.

Coupled with the appeal among black people, Stanley O'Neill has already been rumored to be the CEO of Merrill Lynch.

This made his reputation and strength in the company stronger and stronger, and the entire Merrill Lynch was about to become his monopoly.

Charlie Scharf, the Russian chief financial officer, happened to be Stanley O'Neill's man.

So what Charlie Scharf said at Merrill Lynch is sometimes more powerful than the current CEO.

"Charlie, I know you think highly of that young man." Stanley O'Neill said:

"But I think this is still too risky."

In a small conference room, Charlie Scharf looked at Stanley O'Neal.

He knew what O'Neal was referring to.

"Stanley. We're not the only ones making this decision.

Including Goldman Sachs and Lehman, they all made the same decision. ” said Charlie Scharf.

"But our quota is the largest. It's a total of 500 million U.S. dollars." Stanley O'Neill said.

“The greater the principal, the greater the profit.”

"But the risks are also going to be greater."

"Okay." Charlie Schar simply showed off his cards, "Boss, the contract has been signed and the funds have been transferred.

What's the use of telling me this now? "

"I just want you to be more cautious." Stanley O'Neill shook his head.

In fact, this time, Merrill Lynch won a US$500 million private placement share from Smith Capital.

At Merrill Lynch, many executives opposed it.

They felt the risks were too high.

But Charlie Scharf held on, and Stanley O'Neill stood up for one of his own.

So in the end, Merrill Lynch still took a share of US$500 million from Smith Capital.

It was just that Stanley O'Neill muttered many times afterwards.

Charlie Scharf was a little tired of hearing this, but there was nothing he could do.

Who calls Stanley O'Neal the leader, and the one who supports him the most?

Thinking like this, Charlie Scharf suggested: "Maybe we can see where the Wolf of Wall Street invests his money?"

Stanley O'Neill hesitated for a moment, but finally nodded.

Merrill Lynch is one of the LPs of Smith Capital and is qualified to supervise the flow of funds related to Smith Capital.

At the same time, Merrill Lynch, as one of the largest financial companies, is also one of Smith Capital's intermediaries and market makers.

Such a giant has the ability to monitor the flow of some of Smith Capital's funds on its side.

What?

Are you saying this is immoral?

Violated relevant financial regulations.

Ah!

This is what Wall Street does!

As long as the customer doesn't know, or the customer and relevant departments don't get caught.

That's no problem.

The two left the bond department and came to the customer department where they could monitor the flow of funds.

After the chief financial officer and the most powerful president revealed their identities.

Relevant staff will naturally cooperate infinitely.

So soon, Charlie Scharf and Stanley O'Neill went through the secret channels of Lin Securities.

Learn about the flow of some funds from Smith Capital today.

Stanley O'Neal and Charlie Scharf are both old financial people.

Those ordinary people will have a headache when they see it, and they can’t understand the information flow after seeing it.

They can easily identify the flow of some of Smith Capital's funds by judging this information.

"International crude oil and London gold?" Charlie Scharf said in surprise: "It seems that our Wolf of Wall Street wants to find food in these two fields."

Compared to Charlie Scharf's focus, Stanley O'Neal's focus is on the amount of funds.

"Twenty times leverage, 300 million U.S. dollars of capital. This is an operation volume of 6 billion. All of it is placed in London gold. Isn't the risk too high?" Stanley O'Neill said.

"It's only six billion dollars," said Charlie Scharf. "That should be fine."

"Charlie." Stanley O'Neill's voice became serious, "You have to know that we are just one of the middlemen of Smith Capital.

I heard they work with all the big banks.

So, with our US$300 million, other banks or financial groups should also have corresponding funds. "

"If it's this amount, if it's this leverage multiple. If it's all like this."

"Then you still think it should be fine?"

When Charlie Scharf heard the black president say this, he immediately thought of the direction Stanley O'Neal was thinking.

This made Charlie Scharf's heart beat faster, and he couldn't help but said: "It shouldn't be so crazy, right?

If all the funds flowed like this, the number might be tens of billions of dollars? "

"Invest tens of billions of dollars in the London gold market. This is crazy." Stanley O'Neill said.

"Charlie, you really gave me a big trouble!"

Hearing what the president said, Charlie Schar's face turned a little pale.

And on the other side, here at the Woolworth Building.

Smith Capital, identified as "big trouble" by Stanley O'Neill.

After three hours of thrilling operation, it began to come to an end.

Just now, the United States released non-agricultural data for August this year.

There was an increase of 400,000 people, compared with the expected 850,000 people, and the advance estimate was 1 million people. The actual announcement was far from the advance estimate and expectations, which was the smallest increase since January. At the same time, the unemployment rate was announced to be 8.2%, a substantial increase.

As soon as this news came out, the excited expression of David Mellon next to Abel turned into excitement.

After reading the entire relevant information, David felt that he just needed to write down the good news on gold.

Sure enough, London gold rose sharply afterwards, turning from fluctuations to rising, rising by 7 points, or 0.512%.

The sideways period lasted for a short time, and then more news was announced one after another.

"The situation in the desert area is deteriorating"

"European Banks Release Dovish Stance"

"The inflation rate increased by 3.2% from the previous quarter"

"Neon Central Bank Announces Interest Rate Cut"

"The Fed Moderates its Attitude"

"."

Report after report is filled with wealth codes that are good for gold.

At this time, David Mellon, who was beside Abel, was already jumping and shouting like crazy.

"FZZK! Abel, Abel! You are my God, you are the God of finance!"

"Oh my God! Forget about the non-agricultural data. The Fed's attitude is barely predictable."

"How did you guess the situation over there in the desert, the attitude of European banks, and the Neon Central Bank?"

"My god! In the financial field, you are a prophet, you are God, you are God!!"

"."

David Mellon was so excited that he was speechless.

People who didn't know it thought he was crazy when they saw it.

The only ones who could compare with his excitement were the five traders in the safe house.

The five of them were all excited and their faces were red at this time.

It's like drinking fake wine or getting high.

But traders can't shout and vent their excitement like David.

They will continue to watch the market and continue to complete Abel's orders one by one.

Amid all the bullish news, the price of London gold has stabilized.

Then it was like a wild horse sprinting upwards like a wild horse. Countless short sellers had no time to react, and their positions were liquidated and liquidated instantly.

Large-scale forced liquidation has caused gold prices to continue to rise.

The current price of London gold is 365.770.

A sharp increase of 53.07.

An increase of 19.925%.

Close to 20 percent, a very exaggerated figure.

Abel did not hesitate. The moment it rose, he quickly issued an order: "Clear the position. Clear as much as you can above 360 ​​points."

The traders received the order and proceeded in an orderly manner, placing large sales orders one after another.

Floating profits become real profits.

The market is very enthusiastic, and gold has fallen a total of 100 points this year.

Crude oil has reached that high level again, and disputes continue in the desert areas.

The long-suppressed emotions in the global investment market completely exploded at this moment.

Under this premise.

After more than 50 billion were cleared, the price of gold fell by less than two points, and it was quickly repaired within tens of seconds.

Smith Capital all left the market, and within three hours, it made a profit of US$2.564 billion from London Gold.

At the Smith Capital safe house, David Mellon naturally yelled wildly with the traders who had finished their work to vent their overexcitement.

And at Four International Financial Center in Manhattan, on the 34th floor of Merrill Lynch.

Stanley O'Neill and Charlie Scharf,

It also witnessed the outflow of 300 million funds from Smith Capital.

Then it turned into a scene where almost 590 million US dollars of funds flowed back.

This scene made even the well-informed Stanley O'Neal and Charlie Scharf.

Some were also stunned.

"What happened?" Stanley O'Neill, the black president, asked in confusion.

Charlie Scharf responded faster and immediately asked the operator to pull up the relevant information.

After a few minutes of inquiry, Charlie Scharf made a relatively correct judgment.

"The funds flowing out from Smith Capital are long London gold futures."

"And just in the past hour, the London gold market has surged by 70 points+."

"Then Smith Capital quickly returned to the market. It must have been an exit arbitrage."

"Mr. O'Neill, it's obvious that the Wolf of Wall Street made a lot of money on London Gold this time."

Information that Charlie Scharf can understand, Stanley O'Neill can naturally understand.

It's just that Stanley O'Neill is better at maneuvering and is slower to react in this regard.

"It seems."

"Indeed," said Stanley O'Neill softly.

Charlie Scharf was in high spirits: "Smith Capital's funds on our side have nearly doubled the profit."

"Then his funds in other banks or financial groups should have similar profits."

"In other words, this guy made a profit of at least a billion dollars in just a few hours!"

Stanley O'Neill frowned and had to admit: "It's possible."

Looking at Charlie Scharf's excited look, Stanley O'Neill added: "It seems that Charlie, you are not wrong about the person."

Stanley O'Neill said excitedly: "This is all because of your trust and support."

Seeing that he was still so understanding, Stanley O'Neill nodded with satisfaction.

"Well, it's time to get off work." Stanley O'Neill said, "Let's go first. If anything happens, Charlie, please contact me again."

"clear."

In fact, that's what happened here at Merrill Lynch today.

There are many giants who have cooperated with Abel and subscribed for shares in his private equity funds.

Both did similar things to Stanley O'Neal and Charlie Scharf.

That is to monitor the related capital flows of Smith Capital.

Through this kind of monitoring, we can speculate on Smith Capital’s investment direction and data.

Smith Capital, which does not have its own bank, must use other large banks as intermediaries and market makers.

This kind of surveillance on them is inevitable.

Fortunately, Smith Capital tried its best to diversify the funds and did not put them all in one or two banks.

So what they can monitor is only a part of Smith Capital's funds.

My eyes returned to the Woolworth Building.

After David Mellon and others were overjoyed, they began to withdraw funds one after another according to Abel's instructions.

Soon, excluding the US$3.5 billion in international crude oil.

Smith Capital’s capital account now has approximately US$25+25+1 billion in funds.

Among them, US$1.5 billion is the money of Fund No. 1.

It's money held in trust.

The other US$2 billion is Smith Capital’s own funds.

The remaining 2.5 billion is the profit from just three hours.

The profit of US$2.5 billion will be based on the ratio of 15:10. Part of it will be the profit of Fund No. 1, and the other part will be Smith Capital's own pure profit.

"Huh~"

Looking at the excited David and the traders, Abel ordered: "According to the old rules, the matters here will be left to you, David."

"Understood." David, whose neck and face were congested with blood and looked like a redneck, immediately shouted.

Abel nodded, turned around and left without hesitation.

Compared to the excitement of everyone behind him, he has increasingly regarded this kind of thing as a simple numbers game.

It's just that this digital game can bring him a lot of green paper.

These green papers can bring him high quality of life, high influence, and high charm.

There is no doubt that compared to simple appearance and figure.

The charm brought by green paper will be even more powerful.

If you add the two together, then in the country of the United States.

There are basically not many women who can resist the invasion of this combined charm.

For example

Michael Levin, general manager of the new underwear company that was just established and named "Elizabeth's Back Garden".

He brought over two young supermodels, Gisele Bonchen and Carmen Keys.

Obviously, it is difficult to resist the combined power of this kind of mixture.