Chapter 86 Gold Futures

……

The day passed quickly, and the three-day book signing in New York finally came to a successful conclusion. Guo Shouyun, who vowed never to go through the second time, no matter how Christopher and Rowling persuaded him, he would not go to Philadelphia or other cities again.

After seeing off Neil Murray and Jessica the next afternoon, while Christopher accompanied Rowling to Philadelphia, Guo Shouyun arrived at the office of Phoenix Asset Management on Wall Street.

"It took nearly two months, 400 million US dollars of funds have been fully invested in the secondary market, and under the leverage of 5 times, we now hold 2.4 billion US dollars, about 27.429 million shares of Enron, with an average price of 87.5 yuan per share!"

Flipping through the information provided by William Zhang, Guo Shouyun nodded.

"The $60 million in August and the $60 million in September haven't been put in yet?"

"No! There is not much news about Enron now, once we suppress it too hard, it is easy to cause Enron's stock price to rebound, and once it exceeds the warning line we set, we must make a margin call. Therefore, it is most beneficial for us to continue to suppress Enron's stock price and ensure that it falls in an orderly manner. ”

"Has Enron made any recent moves?" Guo Shouyun said after nodding.

"Kenneth Lay and Jeffrey Skilling are still claiming through the media that Enron's stock price will reach $130, but in fact they are secretly selling Enron's stock in private, these two guys, federal law will put them in jail. William Chang said with disgust in his words.

Kenneth Lay and Jeffrey Skilling, one is Enron's chairman and the other is Enron's CEO, and Enron's financial scandal is clearly directed by the two.

Unlike William Zhang's hatred for the two, Guo Shouyun has little feeling for them. In the process of capital chasing, few people are clean.

"Did Enron's people look for you?"

They manipulated billions of dollars to short Enron, and it was also a securities lending operation, and they definitely couldn't hide it.

"Not yet! I have had a lot of phone calls from my colleagues on Wall Street before. ”

"When Enron's stock price starts to fall, there will be more callers!"

"Now many people are waiting, and our phoenix has just become a weather vane. That's right, boss. John Jamison, a senior partner at Goldman Sachs, wants to meet you!"

"People from Goldman Sachs?" Guo Shouyun frowned slightly, "Do you know what the reason is?"

"I don't know yet. However, I worked briefly with him when I was *****, and he was a sharp-eyed guy who made quite accurate analyses and predictions of the rise and fall of the Dow Jones during the economic crisis of '92. ”

Guo Shouyun nodded knowingly, walked a few steps in William Zhang's office, and after thinking for a while, "You can promise for me, and make an appointment by the way." I'd also like to know what this Goldman Sachs guy is looking for me for?"

"Yes!"

After setting up a meeting with John Jamison, Guo Shouyun temporarily put this matter behind his mind, and the moment he raised his head, his eyes froze.

"That's the World Trade Center, right?"

After glancing at the towering twin towers of the World Trade Center in the distance, William Chang smiled and said, "If the boss likes it, we can move the company's office there!"

"Forget it, I'm afraid of heights!"

Guo Shouyun immediately denied. He managed to set up Phoenix, but he didn't want it to be ruined on 9/11.

"By the way, during this time, you can help me find two fund managers and set up two funds under Phoenix!"

"Two more funds?"

"Hmm!" Guo Shouyun nodded, "If Phoenix wants to grow, it can't all be supported by my funds." We need to attract clients with low-risk investment funds!"

In the future, he will definitely participate in more and more enterprises, and he can use his voice in these enterprises to take out part of the funds they have deposited in the bank and hand them over to Phoenix Asset Management Company for investment. Of course, Guo Shouyun's control over these shareholding companies is definitely not as thorough as that of Matrix Pictures. Therefore, it is extremely important to have a low-risk asset management plan that convinces the board and management.

With these companies laying the foundation, it is relatively easy to absorb external funds and companies when adding the performance of Phoenix itself. In this way, Phoenix has truly broken away from Guo Shouyun's support and become a large asset management company with industry influence.

Moreover, with these funds as the foundation, it can also be convenient for Guo Shouyun to occupy resources first when his funds are insufficient. For example, now he is optimistic about Goldman Sachs, but he does not have enough funds in his hands to buy Goldman Sachs' shares. However, if the funds under Phoenix Asset Management are sufficient, you can first gather the funds from the various funds under the asset management to invest in medium risk, and take the shares of Goldman Sachs first, and wait for Guo Shouyun to have sufficient funds in his hands, and then buy this part of the shares from Phoenix.

In this way, it is definitely easier to change the left hand for the right hand than to buy from other investment institutions.

"I'm going to get the people in place in the shortest possible time. William Chang nodded.

"That's good!" After a pause, Guo Shouyun glanced at the World Trade Center in the distance, and his eyes revealed a touch of profundity, "William, do you think the NASDAQ crisis has bottomed out now?"

William Chang was stunned for a moment, unable to keep up with the rapid change in his thinking. However, after a little thought, he said: "It should have bottomed out, but the inflection point of the stock market has not yet appeared." ”

"Is there room for gold to fall?"

"Gold?"

"Not bad!" Guo Shouyun nodded.

While 'short Enron' is a lucrative investment opportunity, Enron has a market capitalization of $80 billion and limited capacity. Therefore, with five times the leverage, Guo Shouyun's investment in shorting Enron projects is capped at $30~$4 billion.

In this way, it not only satisfies its own benefits, but also leaves enough opportunities for others. However, Guo Shouyun's remaining funds need an investment direction, and gold is the best choice at present.

"After the surge in the Nasdaq crisis, gold is still in a downward trend. The current price in the New York gold market is $273 per ounce. Compared with 1999, the trend of gold is still relatively high. So, I think there is room for gold to fall further as the market's panic over the Nasdaq crisis subsides. After a pause, William Chang thought for a moment, "I think in the next two to three months, gold will fall to $260, or even lower!"

"Can I understand that the best opportunity for gold in 2000 is to go short?" Guo Shouyun said.

"Yes, but it's better not to use high leverage, it's too risky!"

Looking at William Zhang's serious expression, Guo Shouyun nodded.

In fact, he did not plan to go short, but wanted to find a suitable opportunity to enter the long. Because March ~ July 2001 is the time when the Argentine financial crisis broke out and deepened. During this time, gold is sure to have a very big rally.

In fact, for Guo Shouyun, the best opportunity to make money is to short the Argentine peso, or Argentine government bonds, which definitely make more money than gold. However, Guo Shouyun is not Soros. The latter is playing finance, and he can set off the 97 Asian financial crisis without scruples, and is scolded by Southeast Asian countries. But Guo Shouyun still has a lot of industrial assets, and he doesn't want to offend the Argentine government too much and lose the market of this large South American country.

So, in second place, gold becomes the best choice.

After thinking for a moment, Guo Shouyun turned around and smiled: "It seems that you are going to help me set up another hedge fund!"

"Does the boss really want to invest in gold?"

"Invest $5 million first, and double the leverage to short. You can grasp it specifically!" Guo Shouyun said.

Five million dollars is just a test, and if William Zhang's prediction on gold is really as accurate as he says, Guo Shouyun will enter the market later when the price of gold reaches 260 yuan per ounce. Otherwise, he followed his plan to re-enter the market a month before the Argentine financial crisis erupted.

"Understood!"

William Chang nodded earnestly.

Guo Shouyun smiled and looked at the time.

"It's noon, let's go, I'll treat you to lunch!"

"I know there's a nice Chinese restaurant nearby!" laughs William Chang.

"You are 'old horse knows the way', where to eat, I listen to you!"...

Laughing, the two left the office of Phoenix Asset Management.