Chapter 224: Solomon's Harvest

……

"Boss, wait a minute, there's one more thing you need to decide!" Jonathan Weil began.

"Oh, what's the matter?"

"Will the company be headquartered in San Francisco or in Los Angeles?"

San Francisco was originally the headquarters of Pacific Electric Power and Gas, while Los Angeles was home to the headquarters of Edison in Southern California.

"What do you think?" Guo Shouyun smiled.

"San Francisco!"

Looking at his deep eyes, Jonathan Weil said calmly.

"Then San Francisco!"

Guo Shouyun was obviously satisfied with his answer. Moving the headquarters to San Francisco is a challenge compared to Los Angeles. The first thing he wanted to do was the hostility that had existed in the minds of Pacific Power & Gas employees. After all, the vast majority of Pan Pacific's top executives are from Southern California, which can give Pacific employees a sense of being acquired, which can affect the stability of the company.

Now Jonathan Weil chooses to face up to this difficulty and actively solve it, which is exactly what Guo Shouyun wants.

"By the way, is my office ready?" Guo Shouyun said.

"It's on the third floor, I think you'll like it!"

Barbay Douglas, the former CEO of Pacific Corporation, said.

In fact, Guo Shouyun's office is his previous office. After the sale of the company, the place that represented the chairman's authority naturally belonged to his new owner.

Guo Shouyun, who knew this, nodded, and didn't say anything about it. Although he doesn't care about the office environment, there are times when he has to make a gesture to show his status to the outside world.

"Jeff, come to my office tomorrow. ”

Jeff Durant, now CFO of Pan Pacific Energy Group, answered seriously.

"Who else has something to do, if it's okay, the meeting will be dismissed!"

After seeing the other seven people shake their heads, Guo Shouyun waved his hand, handed the documents to Wendy in the back, and turned around and walked out of the conference room.

The rest of the people exchanged glances and walked out one after another. As can be expected from today's meeting, the future of Pan Pacific Energy Group is not destined to be quiet. Because she ushered in a leader who was perhaps more genius, perhaps crazier.

However, it is a joy for people who are eager to advance in their careers. Because before, whether it was the Pacific Ocean or Southern California Edison, after many years of development, the public utilities field was too closed, and there was a twilight within the enterprise. Moreover, there are many problems such as overcrowding, inefficiency, bureaucracy, and lack of sensitivity to market changes, and it is precisely because of these problems that they will be seized by Enron and other energy trading companies and the root cause of their almost bankruptcy.

"Boss, are you going home?" asked the bodyguard who acted as the driver.

"No, go to the Hanshan Courtyard!"

After saying yes, the driver started the car and quickly joined the busy traffic in San Francisco.

Guo Shouyun, who was sitting in the back seat, pondered for a while, "Wendy, you can help me make an appointment with Mr. Bill Lockyer when I go back later, I need to talk to him." ”

Now that he has taken over the Pacific and Southern California, the dilemma of California's energy crisis has been laid out in front of him, and it is time to implement some of the plans he had thought of before.

"Yes!"

After leaving the city of San Francisco, the speed of the car quickly increased, and about half an hour later, it stopped in the parking lot outside your main building in the Xiangshan Annex.

"Sir!"

George Fields, who was the butler, greeted him.

"George, prepare dinner, I'm a little hungry. ”

"Okay!"

After the explanation, Guo Shouyun came to the 'Golden House' on the second floor, where Zhang Shaoling and his team were paying real-time attention to the gold price of the world's major gold trading markets, as well as all the news related to it. However, the atmosphere in the Golden House is noticeably more relaxed now than it was when Argentina's debt crisis erupted. After all, their goal is clear: there will be no sell-off until gold reaches $280 per ounce.

"Boss!"

“BOSS!” …

Seeing Guo Shouyun come in, everyone stood up warmly and respectfully to say hello. This young and extremely talented boss has already won their hearts through generous dividends.

After waving his hand and motioning for them to sit down, he walked to Zhang Shaoling's side.

"Has the price changed today?"

"Yes, the price of Chicago gold futures has just risen by 17 basis points. ”

Guo Shouyun nodded, "So it's only 213 basis points short of our selling price of $280 per ounce?"

"Yes!" Zhang Shaoling nodded, his expression full of excitement, "In the first week of May, the Argentine peso depreciated by 5%, the price index of major industrial products rose by 13.6%, and the overnight call rate rose from 18% to 45%. Moreover, the stock market and the bond market are falling, and it is a matter of time before the financial crisis breaks out. So, a rise in the price of gold to $280 is almost a certainty. ”

“… In addition, affected by the Argentine financial crisis, the Uruguayan stock market fell by 127 points, the Chilean bond market fell by 3.8%, and the stock and bond markets of Brazil, Paraguay, and Bolivia all fell to varying degrees. I think gold has a chance to break through the $300 an ounce high in the next two months!"

"You mean wait until the price of gold reaches $300 an ounce before selling?" Guo Shouyun asked.

"No, $300 is too risky. But we can expect $285. After all, for every dollar that rises in the price of gold, we can make a profit of $293 million!" Zhang Shaoling said excitedly and expectantly.

At the beginning of April, Guo Shouyun invested 7 billion US dollars, with a leverage of 1 to 10, leveraged 70 billion US dollars to hold 2.73 million gold futures positions, and later successively invested the funds of some Thunder Fund customers, and now the entire 'Salomon Gold Trading Team' holds a total of 2.93 million gold futures contracts. According to the trading rules of 100 ounces of gold per lot, for every $1 increase in the price of gold, the Thunder Fund can earn an additional $293 million. This is indeed an incredibly moving number, and it is full of temptations that are hard to refuse.

After all, you don't need to do anything, just wait quietly and be able to earn the profits that other industrial companies may have worked hard for a year to get. This kind of thing that can make money with low investment and high returns, and even lying down, almost makes people subconsciously forget its danger.

Looking at the beating numbers on the display screen, Guo Shouyun felt a little emotional in his heart. When the harvest is in front of you, the greed that comes from the heart can make it difficult to resist the temptation.

"But in the vast majority of cases, no one knows if there is a bottomless abyss behind the seemingly delicious harvest!"

Guo Shouyun, who had personally experienced the subprime mortgage crisis, shook his head under Zhang Shaoling's expectant gaze. With his little experience in trading gold futures in a treasure in his previous life, if he wants to lose his pants without losing money, he must set up an acceptable downside and expected profit margin in advance. Once the magnitude of the decline in the price of gold breaks through the warning line, even if it is a loss, it must be resolutely sold. Similarly, if the price of gold rises more than the expected profit, it must be sold even if it is still rising.

In the ever-changing futures market, being cautious and maintaining the bottom line and principles is always the most correct way to operate.

"The benefits are directly proportional to the risks. From a bid price of $256 per ounce to a sell price of $280, if all goes well, 2.93 million lots of gold would be enough to earn us a huge income of $7.032 billion. There is no need to take higher risks for another billion dollars, otherwise regret is a small thing, and the loss of funds is the real big thing. ”

Seeing Guo Shouyun's calm eyes revealing a ray of vicissitudes, Zhang Shaoling, who was originally excited and excited, gradually calmed down under his influence.

The other members of Solomon's Gold Group, who heard the conversation between the two, also showed admiration on their faces when they looked at Guo Shouyun's figure.

Not everyone is able to remain calm in the face of temptation.

"Boss, I will comply with your request and sell all the gold positions when the price of 280 yuan comes!"

"Hmm!" smiled and patted his forearm, "By the way, have I done what I told you?"

"Done! Wait a minute, I'll get it!"

After nodding, Zhang Shaoling quickly took out a document from the safe next to his desk and handed it to Guo Shouyun.

"In the three months since the establishment of the Salomon Gold Trading team, a total of $5.2 billion has been received from you and $1.123 billion from other clients. If this transaction can be successfully traded at the price of $280 per ounce, then the two operations on gold futures, Thunder has earned a huge profit of $11.409 billion, creating 1.8 times excess revenue. According to the contract we have signed with our customers, if the annual revenue can be more than doubled, then we are entitled to 40% of the service fee. In other words, the capital of the Thunder Fund's 'Solomon Gold Trading Team' will reach $4.56 billion!" Zhang Shaoling excitedly said.

Guo Shouyun nodded, "Don't forget the capital gains tax, we have been operating for less than a year, and we have to pay 25% of the total revenue!"

"According to federal tax law, we won't pay our taxes until April next year. Now the $4.56 billion will be in our hands for at least a year. One year is enough time for us to double that number and even more. ”

After glancing at him, Guo Shouyun smiled: "It's good to have confidence, but there are not many opportunities like the 'Argentine economic crisis'." So, don't expect excess profits on every trade. As long as you keep a normal heart and maintain a steady growth of 20% per year, you are the best team!"