Chapter 8: Wall Street

The animal symphony easily woke up William White. Shaking his sour neck, Hongguoguo walked into the bathroom.

Well, this habit of sleeping does not quite match the nobility. Aristocrats should wear underwear, and he will never be in this situation.

"Fauber, when you're done, take it to the publishing house. ”

"Okay, young master, this book must be very popular. ”

"Let's hope so, if it sells well, I can continue to write. ”

"It's going to be fine. ”

After breakfast, he rode around the farm. It's actually his job. There are very few people in Texas who can't ride a horse, and both men and women alike. In this day and age, horses could still be used as a means of transportation. Probably only Texas too.

"Fauber, tomorrow we're going to New York, and I'm going to feel the atmosphere there. ”

"Okay, young master, the trader's side has also been implemented, and you can start at any time. ”

"Okay, I got it. ”

The young master of his own family suddenly grew up overnight. Fauber was no longer worried. In his view, the oil company is the source of trouble, and it doesn't matter if you give up.

One day without incident, early the next morning, five large pickup trucks rushed out of the farm. Straight to Houston.

Although there is his father's Rolls-Royce at home. But he didn't like it. The car, to him, looked more like an antique.

Texas pickups are actually more like trucks. In fact, people here prefer bigger cars. Foot basin carts are frowned upon in Texas. Girls don't like to drive this kind of car.

As an important oil producer. Texas has the cheapest fuel in the country. The price of gasoline and diesel is at least 20% cheaper than in California. Energy conservation and emission reduction or anything else simply won't work here.

The planes of this era are really very tangled. I really don't understand. Isn't this supposed to be 100% safe?

The more advanced the plane, the more the accident will be over. Your propeller plane can also make a crash landing. Jets are nothing short of an iron lump. In the event of a power failure. It's basically free fall.

In contrast, 747 is likely to be the safest. In the future, if you have money, you should still build a 747.

The center of his career could not have been in Texas. Flying around is simply inevitable. A reliable aircraft is still very important.

The seats in first class are very comfortable. The service of the flight attendants is also very good. But after all, it takes hours to fly. Fatigue from the journey is inevitable.

When it came to Manhattan. It's late afternoon. A group of people quickly left the airport. Speed up to the villa on Long Island.

This villa was also bought by his father. Usually no one lives there. Now, of course, it's been cleaned up. Including the bodyguards who came to pick him up today, these were all rushed over yesterday. If it wasn't arranged in advance, I'm afraid I would have to stay in a hotel today.

Along the way, William White was also a little tired. I had some casual dinner and went to bed. Those bastards are hard to deal with after all. It is very necessary to keep a clear head.

Mornings on Long Island are not quiet, even though there is no neighing of animals. A variety of unknown birds, trying to wake up all sleeping creatures.

"Fauber, everyone else is going to open an account as planned. ”

"Okay, young master"

"After eating, we went to Manhattan to have a look. ”

"Okay. ”

William White didn't like Manhattan, where the streets were too narrow. Towering buildings on both sides of the street. It makes people feel very depressed.

And that ridiculous cow. No matter how you look at it, it looks a little unspirited.

In these years on Wall Street, it is more appropriate to have a big brown bear. It's been a long time since the stock market was in a slump. It's not ridiculous to get a cow. And this kind of joke will continue for a long time.

Wall Street started the day of hustle and bustle, even as the market was sluggish. The buzz here hasn't changed.

This way of trading now, in William White's opinion. It's like a joke at all. I really don't understand how the two sides confirm the delivery of this roaring trading method.

It's easy to say that institutional seats are good, but retail investors should not play. Directly will be abused as a dog.

Fortunately, there are really no retail investors in the United States, and these transactions are handled by stockbrokers. Ordinary people really can't stand this.

There's no big ups and downs yet, and these guys are like chickens. If it skyrockets or plummets. People with a bad heart can't do this job.

The futures trading market is obviously lively, and the depreciation of US knives has directly led to the boom of precious metal trading. Capital is all profit-seeking, and this money obviously needs a place to vent.

Silver is quoted at just $5.6 an ounce. Clearly, the bastards haven't made a move yet. William White remembers very clearly that in June, silver easily broke through the six-dollar mark. And then it's all the way on.

Why it was made the way it was, William said he couldn't understand. The price of silver is indeed undervalued. When it rises to 20 US dollars, it is basically a reasonable range.

If the final price remains around 19 yuan. I'm sure there won't be any problems. The Hunter family should have fattened up into pigs as well.

Your futures are leveraged, not to mention how much money you can make by tripling up. A 30% increase is terrible.

One thing William White was sure of was that the desert tyrants had been pitted badly. The money earned from digging oil over the years was liquidated in one fell swoop.

Could it be that the target this time is the desert tyrant. The Hunters are patriots. In order to trap the desert tyrants, they actually pitted themselves to death.

Meet a group of traders with hideous expressions. William is also powerless to complain. It's not your own money, so why drive yourself crazy.

Some say it's paradise, well, it's supposed to be a lucky guy. Some people say that this is hell, and if you want to come here, you must be hitting the street.

The stock exchange market is a very old-fashioned place. Not to mention that there is no online trading now, when everyone sits in front of the computer and buys stocks in the future. New York's trading center is still like this. I really don't understand why this thing is necessary.

William White understands why Warren Buffett has been in the country.

Normal people can also become crazy here. The so-called reasonable valuation is a joke. To stay unaffected, it's best to stay away from Wall Street.

"Let's go, Fauber, let's get out of here. ”

"Okay, young master. ”

Glancing at the fat cow in the distance again, William White couldn't help but smile bitterly. In the case of severe inflation, where comes what a bull market.

It's not right to say that no one makes money, at least you can still sell short. As long as you're brave enough and lucky enough. Bulls and bears don't really matter.

In order not to arouse the alarm of the Hunter family. William decided to use twelve accounts and settle with different futures brokers.

There are a lot of problems in the precious metals trading market. At least one thing is wrong. The margin is obviously too low now. Any one ups and downs, and someone will blow up immediately.

The face value of a silver contract is $1,000. The corresponding target is 5,000 ounces of silver. It was nothing when this thing was two beautiful knives. The subject matter is worth 10,000 US dollars. That's almost 10x leverage.

Now the price of silver is close to six dollars. That's 30x leverage. If the fluctuation exceeds 3%, the position will be liquidated. Now it's a joke to say that investing is a joke, and the metal futures center is more like a gaming center.

Of course, the regulator is aware of the risks, but the problem is that there is a shortage of money now, and if the amount of margin is increased, the transaction volume will immediately shrink. They live on the turnover of their trades. The risk isn't theirs anyway. Besides, other people's children can't die.