Chapter 107: When Someone Says You're 'Crazy', You've Succeeded!

At different times in history, humans have been obsessed with gold, whether for it, killing the natives of South America in the Middle Ages, or flocking to San Francisco for it.

In the long civilization, human beings have found that gold is stable, does not change due to temperature and chemical reactions, and is soft and easy to cut, which makes it a currency.

Another reason is that since ancient times, when wars or natural disasters occur, gold can be circulated and exchanged for local currency. Gold to increase the sense of steadiness in life.

More importantly, in this time and age, when the world is shrouded in the haze of financial turmoil, gold is not only an investment, but also a tool to combat the mismanagement of the economic and financial system.

After many days of study and many financial books, Arthur has a simple but clear understanding of financial knowledge and the financial world.

As it was written in a financial book, the reason why governments don't like gold is that it exposes the worthless nature of paper money.

Eventually, the world will discover that everything in the past is an illusion, and that paper money and digital currencies are valuable. Banks and ZF convince people that real wealth has been created, but that's a big lie.

Because it was precisely because the gold standard was abolished that the banks became more and more unscrupulous, printing large quantities of paper money and issuing debt. The explosion of debt and risk has led to the complete collapse of the financial system, but the remedial measures of banks around the world are only delaying the outbreak of a huge Ponzi scheme.

These knowledge and insights made Arthur more and more favored and trusted in gold, and made his decision to invest in gold more firm.

When Arthur came to Santander again with the 57,900 ounces of gold ownership certificates, the Santander credit manager looked at the documents in his hand and was completely stunned.

It's not that the credit manager hasn't seen the world, hasn't seen the money or so much gold, but is shocked by Arthur's operation.

Originally, I thought that the young earl mortgaged the manor to start a business, but he didn't expect the other party to buy all the gold, and it had only been a few days?

What's even more speechless is that the other party actually took the gold he had just bought and mortgaged again, this behavior is undoubtedly dead, is he so sure that gold investment will make money?

"Your Excellency, are you sure you want to take out another loan secured by gold?" Although the credit manager of Santander Bank had already regarded Arthur Boleyn, a good fellow who inherited the title of earl and a large inheritance, as a second generation to die, his professionalism still made him polite and opened his mouth to confirm.

Arthur was also sensitive to the flash of contempt and ridicule in the other party's eyes, but he didn't get angry because of this, just sneered in his heart,

Everyone experiences a starless night before they succeed.

Everyone will have a period of criticism before they succeed, and countless people will hit you mercilessly, trying to steal your dreams so that you can be like him. What you have to do is believe in yourself, affirm yourself, and encourage yourself.

When you succeed, you will find how ridiculous and pathetic these people are, and at the same time, these criticisms and blows will also make your success more dazzling!

So, life is like this, either work hard or do nothing. There is no other option.

Lunatic?

Perhaps, but how could Arthur care about other people's opinions, because there are some things that ordinary people can accept, so people will say that they are crazy, but if you are not "crazy", you will not succeed!

As someone once said, "When someone says you're 'crazy,' you've succeeded!"

"Yes, I'm going to use these gold mortgages, your bank has this business, right?" Arthur leaned back in his chair and looked at the other party indifferently.

"Of course, however, according to the regulations of our bank's gold pledge loan, you can only be loaned according to 90% of the market price of gold, but the pledge rate can reach 80%, because you are a high-quality customer of our bank, so the interest rate will also be given to you according to 1.65%, are you satisfied?"

Naturally, this credit manager of Santander will not push this kind of good business outward, and if there is interest, even if the other party is overdue and cannot repay, isn't there still gold and estates?

So, it's definitely a good business, no matter Arthur Boleyn's investment succeeds or fails, the bank won't lose money, even if gold plummets, there are estates at the bottom, unless Arthur Boleyn decides to do nothing, otherwise, he will find a way to pay off the debt.

"It's okay to take out a loan at 90% of the market price of gold and the interest rate on the loan, but I want the pledge rate to be 90%, if I can, we can sign the agreement now, if I don't agree, then I have to choose another bank. ”

The expression on Arthur's face was still very indifferent, and he said in a flat tone, with an attitude of not being able to do it at all, let's see you later.

"That's it... The credit manager frowned slightly, but he couldn't make his own decision, and immediately smiled: "I'm sorry, dear Excellency, I need to ask my boss, but don't worry, you are our high-quality customer, it shouldn't be a big problem." ”

"I don't have anything to worry about. Pleaseβ€”"

Arthur smiled indifferently, stretched out his hand and gestured, asking the other party to feel free.

Glancing at the financial advisor Robert Lang and lawyer James around him, Arthur is completely blind to Robert Lang, consultant consultant, as the name suggests is to help you answer your questions, generally refers to people who have reached the level of experts in the cognition of a certain matter, they can provide consulting services, and the advice provided by the consultant is DU standing and neutral as the first priority.

Now Robert's role as a consultant is not even as good as Smith Jama, just knowing that serving himself has a good use, let him come up with an investment planning blueprint, which is full of stable income projects of various insurance funds and bonds, which does reduce the risk, but, in the same way, big money also wants to be earned.

What do you do with this kind of advisor?

I can't keep up with my own rhythm at all, and I am worried that this leveraged loan method will magnify the risk infinitely, which may lead to failure, and I almost didn't say that Arthur was depressed to death.

Arthur knew that Robert had a different opinion about his crazy investment in gold, and might even think in his heart that he was crazy.

Well, as the financial advisor that the Boleyn family has always trusted, Arthur will not fire Robert Lang, but he will definitely not let him stay by his side and help him manage his wealth, or a financial advisor is more suitable for him.

You must know that Robert Lang is still very sensitive to numbers, and there is nothing to say about mathematical accounting, which is an excellent specialty in the United Kingdom, after all, the whole world knows that the British will not calculate accounts, and only Americans can compete with the bad mathematics!

Can you imagine that the Minister of Finance in charge of the state has struggled with the answer of 7 times 8 for a long time? Walk around the streets of London and you will find a truckload of mathematical scum? It can often be seen that the way to discount people is confused...

'One 30 cents, two discounts for 80 cents'' 'The original price is 8 pounds, the current price is 7.5 pounds, save 1 pound!'

Because of this kind of mathematical scum that the whole people can't settle accounts, the UK loses about Β£20 billion a year, or 1.3% of GDP.

Well, his mind drifted a little far, and Arthur came back to his senses to see the credit manager of Santander, who had already gone and returned, sitting in the chair opposite with a professional smile on his face.

"I'm sorry, Your Excellency, for keeping you waiting. However, I brought back good news, our bank, agreed to the terms of the loan you proposed, so that we 。。。。。。 ”

As he spoke, he took the electronic calculator on the table next to him and began to calculate.

"57.09 million ... Multiply by 0.9... Then multiply by 0.9... That's $46,242,900 ... By the way, do you want pounds or dollars?"

"Dollars. Arthur said lightly.