America's Road to Wealth

Chapter 241: Deceiving onlookers to enter the venue

Naturally, Smith Capital soon learned of Neon Man’s entry.

After all, compared to the broader markets such as USD/JPY, USD/GBP, and USD/EUR.

The USD/NOK plate is too small.

Tens of millions of dollars to enter may not be obvious.

Funds exceeding hundreds of millions.

Once you enter, it is easy to know whether anyone has entered through the changes in data.

To use a game or gambling metaphor.

A big market like USD/JPY is a super battle royale and big bet with tens of thousands of participants.

There are people entering the market every day, and there are people losing money every day and exiting the market with all their pants.

For small markets such as USD/NOK, institutions usually play cards one-on-one, or several institutions or companies compete for landlords.

If a large institution fails, sometimes the market will expand in the short term.

The result of the expansion is that the country's sovereign currency exchange rate will be in chaos.

If it is not good, it will even affect the country's domestic economic development situation.

For example, the economic crisis in Southeast Asia a few years ago resulted in the loss of the economic accumulation that had been developed for more than ten years due to the indiscriminate killing and impact of international hot capital, and then the vitality was severely damaged.

Like USD/NOK now, except for those institutions that hold it for the long term. Before this, only some small retail investors were playing.

The bet between Smith Capital and Neon Man. In a very short period of time, it caused a lot of fluctuations in the country's exchange rate.

This kind of fluctuation affects retail investors who specialize in foreign exchange, as well as institutions that have thousands of analysts who keep an eye on market changes every day.

You can quickly notice something strange.

Goldman Sachs investment bank.

Analysts from the Market Supervision Department immediately reported this situation after discovering it.

It took a while, but Goldman Sachs' market surveillance department also quickly discovered who were the long and short parties in the betting battle on USD/NOK.

The person in charge of the Supervision Department, upload this matter.

Paulson, the CEO, who was chatting with visiting Wall Street bulldog Richard Fuld, also found out.

"Are there any secrets? Let me go first." The CEO of Lehman Brothers Bank said with a smile.

Richard came over and planned to talk to Goldman Sachs about repackaging junk bonds.

In 1998, Lehman Brothers nearly collapsed.

Richard Fuld saved Lehman Brothers.

The method used by this Wall Street Bulldog at that time was to package those financial products such as mortgages into securities for sale.

This method has gained great recognition from the market amid the overall rise in real estate in the United States.

This model, known as subprime lending, saved Lehman Brothers from bankruptcy.

This is also the main profit point of Lehman Brothers Bank in the past two years.

Richard Fuld came to Goldman Sachs this time just to talk to Paulson about this aspect of business.

Paulson thought about it and realized that this was no secret.

The CEO of Goldman Sachs said: "It's not a secret. It's our director, and he appears on the international foreign exchange market again."

Paulson's words "our director" made Richard Fuld stunned.

As one of the five largest investment banks on Wall Street, Goldman Sachs and Lehman Brothers have a lot of co-directors.

If anyone carefully investigates, they will find those major Wall Street investment banks.

Many of the shareholders behind them are the same person, the same family, or the same institution.

Of course, it's not all, just part of it.

However, Richard Fuld combined Paulson's attribution of causing trouble in the foreign exchange market.

Coupled with the foreign exchange incident that happened not long ago that caused Richard Fuld pain.

Richard Fuld knew who Paulson was talking about.

"Starting again?" Richard Fuld asked curiously: "Which plate is it this time?"

"USD/NOK," Paulson said.

"USD/NOK? There isn't much trading volume in this currency pair, right?" Richard Fuld said:

"The transaction is too difficult and the risks are too high. Is he playing alone?"

"The Neon Man has already ended up. He is betting against the Neon Man," Paulson said.

"Oh, Neon Man." Richard Fuld nodded.

On Wall Street, or in international financial markets.

The "Neon People" everyone calls generally refers to the Neon national team.

Because Neon is local, there are no strong financial oligarchs at all.

Their financial giants can only be active in their own countries.

Like other countries, their financial oligarchs are harvested by European and American capital internationally.

So except for Wall Street and some European capital.

In the international capital and financial markets, we only need to talk about "people from such and such a country".

That generally refers to the national team of this country.

For example, if we talk about the Chinese people, that’s what happened to the national team on the Rabbit side.

In the international financial capital market, "neon people" have always been relatively active.

After all, their currency is one of the international currencies, and it once accounted for 20% of the world's foreign exchange reserves.

Although it is not as good as it was back then, it is still close to about 12%.

It is currently the second largest currency in circulation in the world.

The third is the euro, which is currently about 10%.

The fourth is the pound, which is currently about 5.9%.

Of course it goes without saying who is number one.

Due to its particularity, "Neon Man" is relatively active in the international foreign exchange market.

But it is generally only active in foreign exchange transactions against the Japanese yen.

This is not to say that there are no such activities in the currencies of other countries.

But it's also relatively rare.

Richard Fuld thought for a moment and said:

"Are you interested? Maybe we can take a look. Maybe we can accompany our director to see if we can cut off the Neon Man's flesh."

Paulson glanced at Richard Fuld, who was smiling at him.

The CEO of Goldman Sachs understands that it is true that Wall Street bulldogs want to cut the flesh of neon people.

But I never thought about revenge.

In the previous USD/JPY trade, four of the five major investment banks suffered heavy losses.

Lehman Brothers bore the brunt and suffered the largest losses besides Merrill Lynch.

Later, Richard Fuld, although he had already surrendered to Abel.

But that doesn’t mean Lehman Brothers or Richard Fuld will admit defeat.

On Wall Street, winning or losing is a common occurrence for financial capitalists.

As long as it doesn't break the bones, as long as someone can take responsibility.

As long as it is profitable, it is not impossible to end again.

But Paulson was determined not to participate haphazardly.

Paulson's contacts with Texas are getting closer and closer, and this is even what the Goldman Sachs board hopes Paulson can do.

In this case, Paulson would try to avoid conflict with Abel.

Paulson felt that even the Goldman Sachs board of directors. After knowing the reason why you do it, you will most likely agree with it.

Thinking of this, Paulson shook his head slightly:

"Goldman Sachs will maintain a relatively conservative investment attitude in the near future. Regarding international foreign exchange and hedging, Goldman Sachs will not enter the market in the near future."

Richard Fuld didn't quite believe his explanation.

But the Wall Street Bulldog thought about it carefully.

It seems that after Paulson came to power, Goldman Sachs has become much more conservative in the past two years.

Maybe this is Paulson's strategy?

Richard Fuld isn't sure.

The CEO of Lehman Brothers simply stood up and said goodbye to Paulson.

"Okay. I understand what Goldman Sachs means." Richard Fuld said:

"But I want to take a look at the excitement. Let's talk about the subprime mortgage next time."

"see you later."

Paulson waved off Richard Fuld.

Although the CEO of Goldman Sachs plans not to leave, he will not stop watching the excitement.

Paulson asked the Market Surveillance Department to closely monitor USD/NOK and report any situation.

The conversation took place between Paulson and Richard Fuld.

It also appears among the senior executives of many Wall Street investment banks.

After the last USD/JPY.

All Wall Street investment banks have already placed the highest importance and monitoring on Smith Capital.

If Smith Capital enters this time, it will be those currency exchanges with relatively large plates, or if it is not so urgent to open a position.

They might not find out that quickly.

But this time Smith Capital entered the US dollar/Norwegian krone, which is a very small currency exchange.

And he didn't hide it when he entered the venue. There was a lot of movement.

Coupled with the addition of Neon Man, the traces are very obvious.

Soon everyone noticed Smith Capital’s actions.

This naturally attracted everyone's attention.

Be more concrete.

Treat the international foreign exchange market at this time as a big casino.

On the small table USD/NOK.

At this time, two major players, Smith Capital and Neon People, had already begun betting against each other.

The tables of the two big players are already filled with chips.

Surrounded by a large number of small retail players of Liek, they were also eager to throw their coins on the gaming table.

The surrounding area was filled with big players and giants from the casino, their pockets all bulging and filled with chips.

Whether the big players watching will end up depends only on the betting situation between the two big players on the field.

Generally speaking, this is the most likely situation to occur.

It is when one of the two big players is at a disadvantage.

The big players who are watching will most likely join the side that is about to win and make profits by beating up the lost dog.

At this time, the two big players being watched will naturally be under the greatest pressure.

Kuroda Akihiko quickly discovered this after being reminded by his subordinates.

Smith Capital here.

Smith Building, fourth floor.

Since noon, the entire fourth floor has been cordoned off as a safe house for this investment.

In the office, David Mellon reports to Abel.

"Currently we have invested 2 billion in capital, with five times leverage, and opened a position of 100,000 USD/NOK."

"The capital side of the bet should be the Neon people. The number of lots they open positions is similar to ours."

"The current real-time exchange rate is 7.6048, and we have lost a little bit of the difference, as well as some interest fees."

"Norway's economy has been unscientifically strong recently. I hate this kind of oil-rich country the most. Just digging a new oil mine will bring them economic welfare for a long time."

Abel smiled and nodded, and he said to David Mellon:

"Don't forget that the United States is also an oil hegemon. The United States' oil reserves and natural gas reserves are no less than those of other countries."

"Okay. You're right." David asked, "So, boss, what's next?"

"Invest another two billion dollars, and the target is still 100,000 lots. But this time the speed of building positions will be slower."

Abel said: "As long as our margin account is not completely depleted, it will take about ten days to build these 100,000 position contracts."

"Keeping a rhythm?" David said, "I understand."

Abel stood up on the sofa and walked over to pat David on the shoulder.

"Originally I just wanted to cut off the Neon Man's flesh this time. But now I find that the game might be more interesting."

"Then why don't we make the game as fun as possible?"

"That's it, David, do the job at hand and notify me immediately if anything happens. I'll leave first."

"clear."

Abel and David walked out of the office, and David walked toward the trading floor.

The CEO of Smith Capital is about to start working day and night again.

Abel walked towards the elevator, feeling relieved to have David watching him.

What's more, if something really goes wrong, the talent will remind him.

When he was about to reach the elevator, Edward, who had been following him silently, suddenly came over.

"BOSS, phone number one."

Edward handed him a mobile phone, Abel's own personal contact number one.

This mobile phone number is only owned by his woman and relatives.

Abel took it and took a look and found that it was the call from little Laura who had just separated last night.

He answered easily: "Hello?"

"Honey, have you had lunch?"

From the mobile phone microphone, there was a somewhat noisy voice from little Laura.

She seemed to be in a public place and it sounded like there were a lot of people around her.

"Not yet, I'm getting ready to eat." Abel responded softly.

"Oh, oh, me too. I'm eating in the student restaurant." Little Laura said.

After the relationship was established, little Laura's phone number was closer than anyone else's, sometimes making several calls a day.

Fortunately, it was basically just a few chats, a normal boyfriend-girlfriend style.

He didn't bore Abel with any questions.

Abel found it acceptable, and he himself liked this kind of lighter romance.

Eat too much big fish and meat.

Occasionally, it is also a good choice to have some light porridge to appease your appetite.

But there seems to be something wrong with little Laura’s phone call.

She asked: "By the way, dear, let me ask you a question."

"Um?"

"Your company. Did you recruit an employee named Katherine Jones before, a female secretary?"

Abel was stunned when he heard the name Katherine Jones.

He felt it sounded familiar, but he couldn't remember it for a while.

"There seems to be some impression. Oh~" He remembered, "There was it last year, and then she resigned at the end of the year. What happened?"

This particularly beautiful girl, Abel remembered, was an FBl.

In the beginning, it was the chess piece that FBl buried beside him.

Later, it seemed that the small shrub basically declared victory.

The smart people over at FBl evacuated her in advance before she might be exposed.

"Hey, it's good to have this person. It's nothing, I just want to ask." Little Laura said sweetly.

"Honey, I'm going to have lunch. Remember to eat too. I'll hang up first."

"OK, all right."

Little Laura hung up the phone first.

Abel felt a little baffled, wondering why she suddenly asked a female FBL.

But it was a small matter, and Abel didn't dwell too much on it.

He quickly left the Smith Building and, after waiting in traffic for about half an hour, the motorcade arrived in Queens.

This district is located in the east part of New York City. It is the largest and second most populous district among the five boroughs of New York, and is also the second most economically developed district.

A large part of the exterior scenes of the MGM version of "Spider-Man" were shot here.

Because in the comics, "Failed Man" Parker lives here.

The MGM version of "Spider-Man" started filming on the 20th of last month.

The estimated shooting time is four months, and post-production editing and special effects will take five to six months.

It is expected to be released early next year.

Because of Abel's request, and the character image and acting skills really fit Parker's.

MGM's version of Spider-Man also stars Tobey Maguire.

Mainly, the Spider-Man in Abel's impression should be the "I'm going to sprinkle some ashes in your eyes" Toby Spider.

One of the other two spiders is too young, just a younger brother within a younger brother, and does not fit the position of Spider-Man as a giant in the MGM version of the Marvel Universe.

The other spider is too handsome and too talented to meet the definition of "failed man".

Even in some comics, Parker is indeed a high-level technological genius.

But now that there's a Tony, Parker doesn't have to show off his super tech genius mind.

In the MGM version of Parker in the Marvel Universe, what needs to be shown is his closeness and ordinaryness, as well as his reversal of becoming a hero.

This is different from Captain America’s overly lofty “ordinaryness”.

The more down-to-earth Parker is, the better.

Among the three spiders, Abel felt that the most suitable one was the old spider Tobey Maguire.

Today's filming location is in Forest Hills, Queens.

In the plots of comics and movies, this is Parker's lair.

It is also one of the civilian areas in Queens, where at least a dozen or more shootings occur every year.

When Abel came over, the crew was filming the first performance of Parker's transformation into a spider.

The arrival of a large group of them naturally attracted the attention of the crew.

The crew members were shocked when so many people suddenly appeared.

I thought some gang incident happened.

After all, in a place like Forest Mountain, it is not unexpected at all for something like this to happen.

Director Sam Raimi had no idea Abel was coming.

The director was so anxious that he immediately went to find the rock security staff responsible for the security of the crew.

However, the ordinary staff of Rock Security who were responsible for the security of the crew did not react at all.

Sam Raimi was in a daze when he saw Anne Hathaway who had finished filming today.

She suddenly rushed out of the crew and rushed towards the large group of outsiders.

Sam Raimi was shocked.

This is the aunt of the crew.

Something can happen to anyone on the crew, including myself and Tobey Maguire.

Nothing can happen to this guy.

Sam Remy was about to call someone, but he saw Annie rushed in and was hugged by a man.

The two even started to eat it in public.

Sam Raimi was stunned.

Oh, here comes Abel Smith.

Sam Raimi thought.

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