America's Road to Wealth
Chapter 10 The Great Smith
Smith Manor.
night.
Abel and Alexander, father and son, are currently in a room with a warm fireplace.
All around at the same time full of cupboards with rooms filled with guns of all kinds.
There are many types of guns in the room.
If a gun fan came in, he would think he was in heaven.
This is the Smith family,
A gun magazine for collecting and storing various firearms.
In addition to various long guns and short guns, there is even an AMAC-1500.
Speaking of AMAC-1500, many people may not understand what kind of gun it is.
Simply put, this is a standard heavy machine gun that appeared in the mid-1980s and was equipped by the Mi Army in the late 1980s and early 1990s.
It was not until Bartley appeared that AMAC-1500 was eliminated.
In addition to this AMAC-1500, there are two light machine guns.
It's outrageous.
There is a basement below this room.
It is divided into two parts, one part stores food and fresh water, and some living supplies.
The other part stores ammunition for the various guns above.
In fact this place, it's also a safe house for the Smiths.
It was built during the Cold War, and the goal is to be able to accommodate about five people, and survive here for more than three months without supplies.
And it can also resist the attack of biological, chemical and nuclear trinity, and at the same time, there is an escape channel when necessary.
As far as Abel knew,
In this room, Alexander and Emily also kept some gold bars.
They would be used, as the Smith family's currency in extreme cases.
In fact, before 1991, many rich Americans or middle-class people with good families would prepare similar safe houses.
At one point, the Americans were overhead.
It really hangs that each person can share many tons of equivalent.
This room is so important that only people from the Smith family will come in.
Now, the father and son are talking in this safe room.
Conversation over dinner.
It ended with Alexander's silence, Emily's worry and excitement, and Abel's indifference.
But after dinner, Alexander took his son away.
Called inside the safe house.
At the same time, his wife Emily was not allowed in.
"It's just the two of us here now."
"In the most important room of our Smiths."
"My son, now you can tell me. What the hell did you do in New York."
Alexander's face was serious, he looked at his children.
His eyes were stern, if those workers outside, or the surrounding farmers saw Alexander's eyes like this.
Absolutely involuntary fear.
Because they know that this is the expression of this "stern Alexander" when he is about to get angry.
Abel wasn't too worried.
Because he knew that no matter how angry Alexander was, how angry he was.
But his anger and anger will never vent to the two of them.
One was Alexander's wife and the other was Alexander's son.
"I opened a company in New York. A financial investment company."
Not afraid of Alexander, but this time back, Abel also wanted to let his parents know what he was doing in New York.
Because he had an idea, and this idea required Alexander's cooperation.
"This company makes a lot of money?" Alexander asked.
Otherwise, I can't afford to hire those bodyguards outside.
"No. I made a lot of money to start these companies." Abel looked at Alexander seriously.
He spoke again: "Father, I want to ask you a question. That is, how much wealth does our Smith family in Tarrant County have?"
Alexander frowned, "Is this question important?"
"It's very important. It's about my next plan."
Alexander frowned, hesitated for a while, and whispered:
"About this question, I actually wanted to tell you a long time ago. After all, I only have your son, and these will all be yours from now on."
"How much money does our Smith family have?"
"Start with what you know. Like 'First Smith Farm Company.'"
"Our family's land, farms, ranches, and property are all in this company."
"The market value of this company is about 100 million."
"The main reason is that the land is valuable. The most fertile land in Tarrant County is here."
"In addition, Emily and I still have some investment in Fort Worth, not a lot, about two million dollars or so."
"I still have a little bit of shares in the Houston Rockets and Rangers in my personal name. This was bought by your grandfather back then, and it should be worth about $10 million now."
"Apart from these, it's my savings and Emily's. I don't know how much this is. Your mother is in charge. But it should be one or two million dollars."
"That is to say." Abel said, "It's less than 120 million US dollars? Is this all the property of our Smith family?"
"What do you mean it's less than 120 million U.S. dollars?" Hearing his son's tone, Alexander was a little angry. "In Tarrant County, no one is richer than us except those guys who play oil."
Maybe it's a little uncomfortable, maybe it's also because I really want to tell my son the truth.
After hesitating for a while, Alexander finally whispered:
"On top of that. We have a fortune in this room we're in."
Abel raised his eyebrows: "You mean the gold?"
He knew that the Smith family stored gold in this safe house.
Alexander had told him this when he was sixteen.
Just where to put it and what quantity.
Did not tell him.
When it came to this, Alexander Smith looked a little proud, he said:
"That's right, it's the gold. It was my grandfather who first started storing gold!"
"My father, also at the request of my grandfather, has been secretly buying gold."
"And I'm doing it in their way."
"Remember? Son, me and your mother.
At the end of each month, or at the beginning of the month.
Will go to Austin, or Dallas, Houston.
At that time we told you that we were traveling.
But actually, my dear, we're going to buy gold! We use half of Smith Farms monthly profits to buy gold. "
Abel recalled it, and it was indeed the case in his memory.
Every year, Alexander and his wife go out more than a dozen times.
There are all kinds of reasons, but the most common one is travel.
Now tell him that the husband and wife are going to buy gold.
At this time, Alexander whispered again:
"Last month, Emily counted the gold. It just exceeded 120,000 ounces! Including what we bought in the past two months, we still have at least 120,450 ounces of gold."
120,450 ounces of gold.
Hearing this number, Abel couldn't help being shocked.
He quickly converted in his mind.
An ounce of gold is 31.1 grams.
120,450 ounces is too much trouble.
It is now 2000, and Abel remembers seeing the international price of gold at $356 an ounce when he left New York.
So in other words, the Smith family stores 120450x356 dollars of gold here.
Probably around $42.88 million.
With such a conversion, the shock of 120,450 ounces of gold subsided a lot at once.
In other words, in Tarrant County, the Smith family is awesome and more influential than those oil guys.
The total assets added up, including the gold, are actually less than 170 million US dollars.
Although it is said that in 2000, the net worth of 170 million US dollars is actually very powerful.
Because at this time, the net worth of a certain person who was exposed in the newspaper was only about 1.1 billion US dollars.
If debts are deducted, it is estimated that the net assets are at most two to three billion US dollars.
Who is Ah Dang's main business is real estate, and real estate has always been one of the industries with the highest debt ratio.
After thinking a little bit, Abel straightened his face.
He looked at Alexander Smith seriously, and said seriously:
"I need your help, Father."
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