Chapter 281: Countermeasures

……

Chandler's words silenced everyone. As he said, even without Citi, other financial institutions are more than willing to provide mortgages to the promising companies in Mr. Guo's hands.

"Maybe we can drag it out!" CHO's words quickly caught everyone's attention.

"What I mean is: we can agree to Bruce Kwok's request and then try to stall as long as we can while the two sides negotiate terms. The longer it drags on, the better it will be for us to judge the future development of the gold market. If the market situation is not in our favor, then we will naturally give up the bet and sell the gold short. If the situation is in our favor, then we will continue to increase leverage in turn!"

His words slowly brightened the eyes of everyone who understood.

"In addition, Bruce Guo has many companies and a large number of assets, and it is a complicated and time-consuming matter for us to investigate clearly. So, even if we deliberately delay our time, it won't affect Citi's reputation!" Will Weiss continued.

After listening, most of the people present nodded in agreement!

But apparently some people don't think so. Almost not long after Will Weiss's words fell. A middle-aged man with a hooked nose, a grim expression, and a clear face said in a deep voice: "Everyone, I wonder why you made such a conservative, or cowardly, plan when facing Bruce Guo. You know, we are Citigroup, the world's largest financial consortium. With a history of more than 100 years, it has more than a trillion dollars in assets and has financial influence all over the world. ”

In contrast, Bruce Kwok is just a novice in business who has been on the rise for less than two years. While he is indeed a genius, that is not a reason to be so feared. Now, the other side is willing to put all their chips on gold, and we, Citigroup, a large conglomerate with more wealth, more influence, and deeper connections, and already have an advantage in the gold market, are thinking about how to protect themselves as much as possible?... I really can't agree with that. ”

"Have you ever thought about it? If we make up our minds to procrastinate, it may not be much in the short term. But after a long time, it will undoubtedly reveal a signal to the outside world that we at Citi are not so optimistic about the gold market bears. This subtle signal is enough to change the outcome of both sides in an instant in the gold market, which is dominated by confidence!"

Jason Federer, Principal Advisor, Citibank. His deafening words made the faces of everyone present look thoughtful.

"I agree with Jason. He's right, we care too much about Guo Shouyun's past achievements in the gold market. But we forget the power we have and the attitude we should show that is in line with who we are. Paul Turner was the first to speak.

"I'm in favor of it too. Moreover, I think we should agree to Guo Shouyun's bet cleanly. Everything went according to the normal procedure, and he could even take the initiative to push his mortgage. In this way, it can just reveal a strong hint to the outside world that we are optimistic about the gold market shorts, so as to use Citi's influence on the financial market over the past century, prompting more financial institutions and individual investors to bet on gold shorts. ”

"That's right! The gold market has more than $2 trillion in trading volume in a day. No one can influence the rise and fall of this market through money. Therefore, even if we give Guo Shouyun a loan of 10 billion US dollars, it will not have a decisive impact on the gold market. On the contrary, if we can affect the trading confidence of the gold market, then the role played is definitely more useful than simple funds! In addition, because of that bet, the whole world is watching us, if we do not show a resolute attitude, then all the previous efforts may be in vain!"

One statement after another, gradually overturning the previously conservative decision. The decision to agree to the gamble and take a resolute attitude to boost the confidence of bears in the gold market has gradually become the consensus of the vast majority of people.

After seeing that everyone's attitude was basically the same, Citi CEO Charles Prince nodded, and his deep eyes quickly swept over everyone's faces, "The plan to agree to the bet and promote the contract between the two parties as soon as possible is a common decision of everyone, and I have no opinion." However, the past has proven that Bruce Guo's strength cannot be ignored. Therefore, we must make a stop-loss plan. If the situation changes unstoppably, then we want to make sure that our losses do not affect the fundamental situation of Citi!"

At the helm of Citi, Charles Prince has a conservative style.

"We currently have $5 billion in gold shorts, 20 times leverage. I think we can use $275 as our safety line, and as long as the price of gold does not exceed this value, we choose to take a position. If we exceed this value, we close the position! This way, even if there is a black swan event that we cannot predict, we can be guaranteed that we will not lose too much. ”

$275 is the price of gold at the time of Citi's entry, and as long as the gold is not higher than this price, Citi is profitable!

Paul Dempsey, chief risk officer, won the approval of Charles Prince. After a brief discussion, and after making some additions in between, they agreed to the proposal.

"Turner, you are most familiar with Bruce Guo here, and you will be responsible for the rest of the gambling and negotiations!" Charles Prince said.

"Okay!"

The latter nodded.

……

"Niu X, Niu X, brother-in-law, you are simply awesome!"

Al Bewen gave a thumbs up and shouted at Guo Shouyun. Looking at his excited appearance, I don't know that I thought he was the one who made an amazing bet with Citi!

"Bruce, you're being talked about in the newspapers all over the world right now. In comparison, Hollywood stars like Tom Cruise, Brad Pitt, and Tom Hanks are so weak in front of you!" Olivia Eisley, who returned with Al Bevan, also had excitement on her face.

After his gaze simply swept over the faces of the two, Guo Shouyun shook his head secretly in his heart. No wonder they were able to be together, their tempers were too similar!

"Didn't you come back to see Molly, why do I feel like you're more concerned about me now?"

"Molly, we saw that. Isn't everything good except for a bigger belly! After a pause, Al Bevan's eyes rolled, and then he smiled, "Bruce, you don't know how many media out there want to interview you right now..." ”

"Stop!" Guo Shouyun hurriedly waved his hand, interrupting this guy's next words. Everyone has been together for a long time, and he also knows the temperament of Al Bevan. As the saying goes, 'As soon as you pout your ass, I know what poop you're going to pull'!

"Do you want to take this to your advantage again? I'm telling you no. Now, in addition to work, what I want to do most is to quietly accompany your sister to give birth. ”

"Oh, don't be so desperate, my sister is in good health. Besides, an interview doesn't take long. ”

"No way!"

Just when Guo Shouyun unceremoniously rejected Al Bevin, the housekeeper Old Ward knocked on the door and walked in.