160 long gold futures
The two bigwigs negotiated the main things, and the follow-up negotiations were much simpler, and after the lawyers discussed the details, they reported to Xu Zhi and Morita Shaofu, and the two parties signed to complete the transaction after no big problem.
$250 million soon entered Xu Zhi's account at Goldman Sachs, and Xu Zhi also informed He Guoyuan of the cooperation with Sony, and next, Midea and Sony will have a lot of cooperation.
Including authorizing Sony to produce several arcade machines, and at the same time providing some motherboards for Xiangjiang Company, Xiangjiang's motherboard factory is about to operate, but the output at the beginning is not high, and quality control may also take time to verify, before the technology matures, game motherboards have to be purchased externally, and at the same time, with its own factory, there will be a great advantage in procurement negotiations.
The arcade machines produced by Sony can only be sold in Japan, and each arcade machine will give Midea a certain patent licensing fee, which is a little higher than the profit of Midea's own production, the fundamental reason is that it is omitted to purchase motherboards from the United States, and there is a small area in Japan, the population is concentrated, and the number of dealer channels is much less than that of the United States, which also increases the profits of Sony and Midea.
In terms of white electricity channels, Sony also provides many national distributors in the Asian market, and after Sony's introduction, these dealers have also begun to contact Midea to lay a good foundation for future cooperation.
……
On February 16, 1979, Xu Zhi rushed to New York, and Wang Liming had been waiting for a long time at the moment!
"This is a good location, huh?" In a luxurious conference room in Manhattan, Xu Zhi looked at Central Park outside the window and said with a smile: "The rent here should be very expensive, right?"
Wang Liming nodded and said: "It's really expensive, the current rent price in Manhattan is more than 3 times that of Xiangjiang Central, and I heard that many of the world's top 500 companies have begun to move out of New York City." ”
"There won't be 3 times in the future!" Xu Zhi said with a smile.
After hearing this, Wang Liming asked suspiciously: "Xu Sheng, do you mean that the housing prices in Manhattan will fall?"
"It's not important, don't worry about it!" Xu Zhi didn't say more, after all, at this time, who would have thought that Xiangjiang would become the city with the highest housing prices in the world. After all, although the current Xiangjiang is somewhat famous, it is still a notch behind internationally renowned cities such as New York, Tokyo, and London.
Xu Zhi asked, "Have all the funds been allocated?"
Wang Liming replied: "Ready, 1,000 accounts, 250 million US dollars, all separated into this 1,000 accounts, I have signed agreements with Goldman Sachs, Morgan Stanley, and Lehman Brothers, all of which use 5 times leverage to long gold." ”
"Okay, this time it's also a shocking gamble!" Xu Zhi smiled and asked, "Each account is the same amount, $250,000?"
Wang Liming shook his head and said: "No, it's basically different, from 100,000 to 1 million US dollars, if the amount of each account is the same, it is easy to be found to have a problem." ”
"Yes. Xu Zhi said: "But this kind of thing still can't be hidden from a few major investment banks, right?"
Wang Liming nodded and said: "Of course, we need to co-finance from several major investment banks, although each is only a small part, but the amount is not small, but the investment bank and we have signed a confidentiality agreement, at least on the bright side, we will not casually announce our identity!"
"Well, then let's do it as planned!" Xu Zhi said.
Wang Liming glanced at Xu Zhi again, seemed to be a little hesitant, and finally said: "Xu Sheng, is the gamble too big this time, 250 million US dollars, all invested in it, once we lose, it will be all gone!"
"Why, my boss is not distressed, what are you afraid of?" Xu Zhi said calmly.
Wang Liming said: "But such a large amount of money, we bring back to Xiangjiang, can have more use, the acquisition of a large listed company is not a problem, now used to bet on the rise in gold prices, I think a little too crazy, the current gold price has risen for 7 consecutive years, from 46 US dollars in 1972 to now close to 300 US dollars an ounce, we now seem to be too late to enter the market!"
"Okay, don't talk about it, I have my own plans. Xu Zhi said: "I know that you are thinking about the company, but don't forget, Midea is our backbone, and the rest is not important, and you know how the $250 million came from, a movie is just a profit, I am fully sure of this bet on gold, as long as it is successful, some of my plans in Xiangjiang will be implemented more smoothly." ”
Before the 70s, gold has been pegged to the US dollar, which is one of the main elements of the Bretton Woods system, countries use the US dollar as foreign exchange, global transactions are in US dollars, and anyone can exchange US dollars for gold in the United States.
There was no problem with this regulation during World War II, because during World War II, the United States mainland was not threatened by war except for the Pearl Island, and a large amount of money and gold flowed into the United States, not to mention that during the war, the United States government made a windfall of arms and oil and other resources, selling Germany to Britain, and Japan to China......
After World War II, the economy of Asia and Europe collapsed, and the United States held more than half of the world's gold, which was also the basis for the establishment of the Bretton Woods system, but with the economic development of Western Europe, Japan and other countries, a large amount of gold was exchanged, and finally in 1971, US President Nixon abandoned the Bretton Woods system, and the price of gold has since let itself go.
In 1972, gold reached $66
In 1973, the price of gold exceeded $100
In 1978, the price of gold broke through $244
At the beginning of 1979, the price of gold was still slowly and steadily rising, but all kinds of bearish voices on Wall Street were endless, and countless people did not believe that gold would continue to rise, but the fact was about to slap them in the face.
$300
$400
……
It was not until January 1980, when gold peaked at $850, that it gradually fell back under the forcible intervention of US President Jimmy Carter.
This is also why Xu Zhi is willing to sell all the copyrights in the follow-up of the little ghost, compared to this rare opportunity in decades, what is the future copyright income?
Wang Liming saw that he couldn't convince Xu Zhi, so he said: "Then I'll start the operation this afternoon and buy gold slowly." ”
Xu Zhi asked, "What is the price of gold now?"
Wang Liming said: "288 US dollars an ounce, the current gold price changes every day, basically is slowly rising, but after leverage, we have to buy 1.25 billion US dollars of gold, this money is too big, and it also needs to be purchased in batches, otherwise it will be easy to be discovered." ”
Xu Zhi said: "Okay, after buying, you have to keep an eye on the market at any time, the most important thing is the beginning stage. ”
The price of gold has been rising for a long time, but it is difficult to say in the short term, all major consortia have entered the game, compared to these super consortia, $1.25 billion is actually just a drop in the bucket!
But as long as it survives the initial stage, the price of gold rises to more than $300, even if it falls a little bit in the future, as long as it does not fall below 20% of the average price of Xu Zhi's purchase, it will be in an absolutely safe period.
"No problem, I will stay in the United States during this time, and I will not return to Xiangjiang until the matter is almost over. Wang Liming said.
Xu Zhi smiled: "Okay, I will give you tens of millions of dollars in a while, and you can buy some stocks of small companies for me here in the United States!"