At The Beginning, Sell Off Your Property And Short-Sell The Parallel World.
Chapter 2 Stud Gold, Layout Chips
International Gold Trading Center.
Operator Jin Soyeon looked at Li Xun's account balance in confusion.
The total amount is 140 million US dollars, of which 110 million is the money from selling off the property and 40 million is the deposit given to him by his father.
They were all converted into U.S. dollars by him.
"Any questions?"
"No problem, do you really want to use it all to buy spot gold?"
Because of the huge amount, it was the first time for Jin Soyan to encounter such a large order. She was shocked and a little confused about Li Xun's operation.
Spot gold is priced in US dollars, and one lot is equal to 100 ounces, which is approximately equivalent to 3 kilograms of gold.
As long as you pay a small amount of margin, you can conduct large transactions.
The amount of funds can be increased up to 100 times!
For example, if you want to buy 100,000 yuan of gold, you only need to pay a deposit of 1,000 US dollars to achieve your goal.
Li Xun now has US$140 million in his hands.
Magnified 100 times, that’s $14 billion!
The international gold price at this time is US$300 per ounce, and he can purchase 47 million ounces of spot gold.
If the price of gold continues to rise in the future, Li Xun can earn 100 times the price difference!
The problem is that gold has stagnated due to the arrival of the Asian financial crisis.
Li Xun's desperate operation made Jin Soyan a little confused.
A heaven, a hell.
If you are lucky, you will get a 100 times increase. If you are not lucky, you will lose 100 times.
If gold falls by $2, the 140 million deposit will be lost.
But even so, Kim So-yeon still promised to give Li Xun 100 times the increase.
There wasn’t even much hesitation, because the people of Kimchi Country were still immersed in the illusion that the economy was doing well.
100 times leverage is considered a routine operation in their eyes.
Maybe tomorrow gold will skyrocket by dozens of yuan, just to play with your heartbeat.
I thought the transaction would encounter some obstacles, but I didn't expect it to go so smoothly.
He remembered that after the Kimchi Country went bankrupt in his previous life, gold rose sharply, reaching the highest level in history.
Up to $360/oz!
Relying on this deal, he will be able to obtain ultra-high returns of billions of dollars in the future.
In fact, he was feeling uneasy in his heart at this time.
Will history break out into a crisis as it develops in the parallel world?
Thinking this, his Lukia cell phone rang.
Looking at the caller ID, it was his ex-girlfriend Jin Lina.
Didn't this woman say they broke up? Why is she still pestering him?
"Li Xun, my dad wants to talk to you about something. Can you come to my house?"
Kim Rina’s father, Kim Taewoo, is the director of YG Group.
YG Group is involved in many fields such as mechanical and electrical, communications, wires, insurance, etc. It is a typical family business.
Today's YG does not focus on electromechanical chips, but it is still one of the top 30 plutocrats in Kimchi Country.
Kim Taiyu and Li Zheng have been friends for many years, and the two families have close ties.
Originally, the marriage between two families could make them closer to each other.
But something unexpected happened because Li Xun went "crazy".
Li Xun still respects his uncle, who has a bright vision and is committed to corporate reform.
If the subsidiary company hadn't been hit by a thunderstorm, YG might have been able to survive the crisis alone.
Jin Lina reluctantly asked Li Xun to get in the car.
"How come you even sold your Honda and still want me to pick you up?"
Seeing her expression of reluctance mixed with contempt, Li Xun was not embarrassed and sat directly in the passenger seat of the Lamborghini.
Arrive at the Jin family's manor.
Jin Lina was relieved and complained softly that Li Xun wasted time because she had to attend a banquet held by a small circle.
Looking at Jin Lina's retreating figure, Li Xun shook his head.
He was led to the living room by the butler.
Kim Tae-woo, who has a lot of gray hair, has been waiting for a long time.
"Uncle Jin, do you have something to do with me?"
"It's nothing serious, I just want to ask how old guy Li Zheng is doing?"
"You made him very angry this time."
Li Xun smiled and said, "My dad's health is fine, but Uncle Jin needs to take more care of himself. You look a lot older."
Speaking of this, Kim Taiyu sighed: "It's not the economic crisis."
“Many subsidiaries have taken a bit big steps in recent years.”
"Maybe your guess is right."
Li Xun was a little excited when he heard this. Did Kim Taiyu also realize that the country was on the verge of bankruptcy?
"Uncle Jin, I think sometimes it is a wise choice to survive with one arm broken."
Jin Taiyu frowned. The debt ratio of many subsidiaries was as high as 500%. Surviving with a broken arm was not an easy task.
"Let's talk about your relationship with Jin Lina."
"Uncle, I don't think there's anything interesting to talk about."
It was not him who proposed the breakup, but Jin Lina herself.
"Forget it, I'm just a daughter. She's used to being willful. I hope you don't blame her."
"In my eyes, you are half my son, and this will never change. If you encounter any difficulties, you can come to me at any time."
Not knowing whether the other party was genuine or fake, Li Xun nodded.
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