At the end of May, the price of gold settled at $102 an ounce.

Since June, the upward trend of gold prices has gradually accelerated, reaching $119 per ounce on June 21. Andrew began to prepare to sell the gold, and at the same time notified the investment company, asking that when the price of gold was $120 per ounce, all the money would be sold, the fees would be clarified, and the funds would be transferred back to the company's account.

On the morning of June 26, the price of gold broke through the $120 mark and reached $120.3 an ounce at the end of the morning. Before the close of trading in the morning, the gold held by Andrew and his investment companies was also successfully sold at a price of $120 per ounce.

The investment company took the lead in completing the sale, and after clarifying the fees with the market dealer in the morning, the funds were transferred back to the company's account. The investment company's first gold investment, with a net income of £20 million.

In the afternoon, after clarifying all the fees with the gold market, Andrew and his father Allen's gold investment plan was successfully completed. With a total investment of £35 million in principal and four months, the net income was £91 million, a net yield of 2.6 times.

However, the UK tax rate is very heavy, with a net income of 91 million pounds, subject to 40% tax, and a tax limit of 36.4 million pounds.

After the funds were allocated, the total amount of the family money account was £14 million and the total of Andrew's money account was £75 million.

The funds of the investment company will be kept in the overseas bank account, and the entrusted total office will handle the appropriate tax avoidance matters.

His father, Allen's dream of becoming a billionaire family, is close to coming true. But in the past two months, on the question of how to enhance the influence of the family, his father Alan still has not sought an ideal plan.

Thinking of Andrew's genius mind, Alan took Andrew to the study to discuss how to enhance the family's influence.

As for the topic of increasing the family's influence in society raised by his father Allen, Andrew really didn't think about these before. Seeing Andrew's puzzled expression, Alan realized that although Andrew was a genius, he had little social experience and did not understand the traditional family influence of British society. It seems that Andrew should explain the composition of family power in the hierarchy of power in British society.

Next, Alan explained to Andrew that in the power hierarchy of British society, the power of the upper rich families occupies more than 50% of the voice in the House of Commons. The integration of the newly wealthy family into the upper class not only helps to create a good public image for the family and establish a network, but also promotes the transformation of the professional roles of family members, and the family continues to make new social breakthroughs.

If the newly wealthy family wants to integrate into the upper class, it must first enhance the influence of the family in society, so as to be recognized and accepted by the upper class.

I see! Andrew listened to his father Allen's explanation, and had some basic understanding of the power hierarchy in British society. The idea that his father, Allen, wanted to increase the family's influence in society was quite useful for integrating into the upper class.

In Andrew's mind, isn't enhancing the social influence of the family a display of fame and fortune?

Name, fame. Benefits, benefits.

Good reputation, if the family wants a good reputation, the first thing to do is to continue to do something positive. Such as charitable donations.

Great reputation, if you want to enhance the reputation of the family, you must let the general public know the name of the family. For example, buying a well-known football team.

Brightening fame is the promotion of the family's reputation. For example, if you have a newspaper with a large number of readers, you can publicize the reputation of your family in public opinion.

Benefit sharing is to make money with relevant stakeholders and the public without affecting the interests of the family. For example, if you start a bank, take advantage of Andrew's ability to make money and engage in a project to help others manage their finances in their business.

Thinking of this, Andrew informed his father Alan of his thoughts. After listening to Andrew's clear explanations and strategies to enhance the family's influence in society. Father Alan was very happy and finally had a clearer idea. Synthesize his own ideas and sort out a plan, which can be implemented according to the plan he made in the second half of the year.

His father Allen's plan to increase the family's influence in society, Andrew is not very interested, he has his own estate plan. Starting from the second half of the year, the investment company will set up a financial deposit company in Hong Kong, whose main business is to absorb deposits, raise funds, and make profits from investment.

For a securities brokerage firm in Hong Kong, Andrew decided to expand his operations. It has been discussed with its partner, Mr. Frank Lampard, to spin off the Hong Kong securities brokerage company and change its name to Victory Securities, with Mr. Henry as the general manager and develop independently in Hong Kong.

As for gold investment, Andrew closed at $106 an ounce at the end of 1973, based on his memories of his past life. June has peaked at more than $120 / ounce, then the second half of the gold price is definitely a downward trend, as long as at the end of the second half of the year, buy below $106 / ounce, you can hold gold until the end of 74.

At the beginning of July, Andrew and most of the staff of the investment company came to Hong Kong to start preparing for the financial deposit company. Before coming to Hong Kong this time, Andrew contacted HSBC Shen Bi to discuss the establishment of a financial deposit company in Hong Kong. Shen Bi promised that he would come forward to help Andrew get through the relationship between the Hong Kong and British governments and get the financial deposit company license as soon as possible.

A month later, under the care of Shen Bi, Andrew successfully obtained the license of the financial deposit company and opened on the same day. Named Victory Finance, the company's residence temporarily leased an independent three-storey building facing the street on Bank Street. Staff are also temporarily redeployed from Victory Securities.

The Victory Financial Deposit Company in Hong Kong is also managed by Mr. Henry. Just now that the Hong Kong stock market is in recession, Shengli Securities' business is very small, and the surplus personnel are just transferred to work in Shengli Financial Deposit Company.

The deposit interest rate of Shengli Financial Deposit Company is tentatively set at the maximum value of the interest rate of banks in Hong Kong, and subsequent changes will depend on the amount of deposits.

As for the future location of the company, Andrew plans to buy the shares of Gammon Construction on dips before the end of next year, when the Hong Kong stock market falls to 200 points, and take control of the acquisition of this listed company, so that the current two companies can be relocated to Gammon Building.

Of course, this is one of the preparatory options now, and Andrew has communicated with Mr. Henry, and in the following year, he will gather relevant alternative information in case of change.

In mid-August, after completing the affairs of the two companies in Hong Kong, Andrew said goodbye to his friends in Hong Kong and set off for China.

Back at home in London, through the small talk of his mother Ruth, Andrew learned that his father Alan had begun to implement a plan to increase the family's influence in society, and in mid-July, he spent £500,000 to buy a local newspaper, the Fulham Resident. Charity activities have also been launched, with a donation of £50,000 to Fulham Welfare Home last week.

Talks with Fulham have not been forthcoming, and they are now in contact with neighbouring Chelsea.

Father Allen's implementation plan to enhance the family's influence in society is still quite fast. In this regard, Andrew can only express his support.

At the end of August, the price of gold closed at $106.8 an ounce, the downward channel has been opened, and after the expectation of buying is delayed again, Andrew decided to wait for the price to stabilize before buying.

After approaching the Chelsea football team, takeover talks were also not negotiated, mainly on the disposal of Chelsea's £2 million debt to renovate the stadium, which was not agreed.

As a football fan, I still know a little about Chelsea's history, Stamford Bridge was sold to a property developer in the 70s and only redeemed in the 90s. In '75, Chelsea were relegated to the second division. Looking at Chelsea's current situation, there are indeed financial problems, and if the acquisition negotiations fail this time, keep in touch, and the next acquisition negotiation is estimated to be less of a problem.

At the end of September, the price of gold closed at $103 an ounce, and the downward channel has slowed down, with some buy order support, but short selling still has an advantage. Andrew felt that the price of gold had not yet stabilized and decided to wait and see.

On October 1, Mr. Henry of Hong Kong reported on the deposit situation of Victory Financial. From its opening in mid-August to 31 September, Victory Financial's deposits totalled HK$28 million, or about £2 million.

Because on October 8th, Andrew is going to enroll, and he can't keep an eye on it. After the gold transaction, Andrew made arrangements for the buying and selling staff of the investment company. The purchase price of gold is set at $99/oz, which can be bought for £5 million, $98/oz, can buy £10 million, $97/oz, can buy £15 million, $96/oz, and all the remaining funds are available.

At the end of October, the price of gold settled at $100.1 an ounce, barely holding the $100 mark. But at the end of this price, Andrew felt abnormal, a little deliberately holding the $100 mark to attract buyers. With this feeling, Andrew tried to lower the purchase price, and instructed the investment company's buyers and sellers to no longer implement the last arrangement, and wait for another notice.

On November 1, Mr. Henry of Hong Kong again reported on the deposit situation of Victory Financial. In October, Victory Financial's deposits totalled HK$42 million, or about £3 million.

The November gold price action confirmed Andrew's feelings, and in the week at the beginning of the month, the price of gold has been holding small fluctuations above $100 per ounce, as if there are signs of stabilizing and rising, attracting buying to join. But from the second week, the price trend of gold changed in vain, quickly breaking through the $100 mark, $99, did not hold, $98, did not hold, $97, did not hold. By November 21, it closed at $95.3 per ounce.

At this point, Andrew feels that there should not be much room for decline. After all, according to the memory of a previous life, it was reported at $106 an ounce at the end of '73. There is already room for $10.

It's time to buy. Andrew began to arrange for funds to come in, and the financial company in Hong Kong transferred a total of 70 million Hong Kong dollars, about 5 million pounds. The investment company account now has 36 million pounds, his own UK account 75 million pounds, and his father Allen's family funds 14 million pounds, with a total principal of 130 million pounds. All funds are pooled into the account of the investment company, and the investment company buys them in a unified manner.

On the morning of the 22nd, the investment company received Andrew's latest instruction, the gold price was 95 US dollars / ounce, buy cross, and use all the principal to buy gold as the account margin, 2% of the margin ratio, and the deferred transaction will buy 650 million pounds of gold.

As soon as the market opened on the afternoon of the 25th, the price of gold fell below $95 per ounce. The entry of funds from Andrew Investment Company supported the downward momentum of gold prices. Gold prices began to fluctuate around $95 an ounce and by the end of the afternoon, the price of gold was trading at $95.1

So far, the purchase of gold investment has basically been successfully completed.

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