Chapter 341: More than 670 million US dollars!

As the calendar for 2008 finally turns to May, the Supreme Court's decision on the Brown Bear's land claim will be heard, or when the subprime mortgage crisis hidden in the stock market will officially erupt.

Because for Pei Pei, unless there is a super event like a comet hitting the earth, nothing in front of her can compare to the first match of the Triple Crown that will be officially held on May 16 - the Kentucky Beat Competition!

Whether or not they can participate in the final of the Kentucky Beat Competition also depends on the ranking of the participating horses in the early points race.

So, starting in March, Thomson has been taking the Treble to the states every two weeks under the arrangement of his old partner, Marseille agent Charter-Wilkes, to participate in various early points races with the Treble.

As for Pei Pei, during the busy period of her husband Austin, she occasionally participated in some early points competitions with Thomson. Her purpose is not to compete as a rider in such early points races, but purely to go for the prize money and odds offered in these early points races.

When it comes to the cash flow capital in Peipei's hands, we have to mention how many times the profits of Peipei's Wall Street elite husband Austin helped his wife make profits in the two and a half months of March, April and early May.

The initial capital of this 100 million yuan in Peipei's account was based on the premise that the stock market was in full bloom in the early years of '08. In just over a month, after 100 million dollars of capital came out in a circle in the stock market, Austin fulfilled his promise to his wife - doubling the capital, that's just a lot more!

At that time, the timeline had just flipped to mid-April, and there was still nearly a month to go before the start of the Kentucky Derby Contest.

As a result, Pei Pei was not in a hurry to transfer the money out of the account. (After putting 100 million cash into the stock market before, Pei Pei still has more than 10 million idle funds on hand, which is more than enough to bet on the early points of the Kentucky Jack Competition!) οΌ‰

After consulting her husband Austin, Pei Pei decided to use the money to give it to Austin for short-term operations before the Kentucky finals officially began. Continue to make money and profits in the capital market in the United States.

Austin chose where to go for the money at the time β€” to follow in the footsteps of Goldman Sachs. A short-term bet on oil was made.

In other words, after Austin learned from his father-in-law Li Chenghua that Goldman Sachs Bank and China's state-owned enterprise, Sinopec Petroleum, the two behemoths had signed a VAM agreement in the international crude oil market, Austin immediately launched all his network of contacts and business spies secretly placed within Goldman Sachs Bank. Listen to the truth of this gossip from various sources.

With the Heckless family's network of connections. Although there is no real detection of the truth of this news. However, from the analysis of the news obtained from all sides, at least a very critical point can be confirmed - that is, Goldman Sachs Bank has indeed begun to short international crude oil prices in the near future.

Based on this alone, Austin can completely tell. Goldman Sachs must have found out the inside information that the subprime mortgage crisis was very likely to erupt early. Therefore, I began to make all kinds of preparations in advance at the beginning of March, ready to make a big profit from it.

As for whether Goldman Sachs Bank is calculating "Sinopec Petroleum", a large company belonging to China's state-owned enterprises, for Austin, a capitalist, he does not care at all.

In Austin's view, capital is always profit-seeking! Since China has chosen to join the international WTO in an attempt to occupy a place in the international capital market, China's domestic markets at all levels must be opened to international capital step by step in accordance with the agreements signed with the WTO.

After the calf broke into the bloody and cruel jungle of international capital, even if there is a whole country behind it to support it, it always has to pay some tuition to buy some lessons, right?

So, Austin doesn't care who Goldman Sachs is calculating at all. From his point of view, as one of the four major investment banks in the United States, Goldman Sachs Bank is such a behemoth, as long as it can confirm in advance a series of actions of the other party in the international capital market, with Austin's many years of experience in the international capital market, he can completely seize the opportunity to make a profit.

Based on this mentality, Austin not only invested the huge amount of money in his wife's account into the international crude oil market to short oil prices, but also invested a large amount of cash flow controlled by Hercules Investment Bank.

Insert a digression first-

What is "shorting", here we continue to use the metaphor of "house".

To put it in simple terms, "shorting" can be understood as "shorting" - suppose the investor predicts that the house price will fall, and wants to profit from it, but does not have a "house" in his hand, so the investor borrows a "house" from "someone else" and sells it first.

Suppose the "house" is sold for 1 million, and the investor has cash in his hand, he must buy back the "house" and return it to the "other person" before the loan period expires.

If the house price really falls according to the investor's estimate before the loan expires, the investor only needs to buy the "house" back and return it to the "other person" according to the current "house price" that has fallen, and the transaction is completed.

If the house price falls to 900,000 yuan, then the investor will earn 100,000 yuan; If it falls to 800,000, the investor will earn 200,000 yuan!

On the contrary, if the house price does not fall but rises, then the investor's "short" investment will be regarded as a failure. How much the house price rises on the basis of the original selling price of 1 million, how much the investor will lose!

To sum up, this "house" still represents various financial products in the international capital markets of Europe and the United States, such as stocks, futures, spot, crude oil, gold and so on.

And this "other" is actually the capital market that these financial products represent.

β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€” this is the dividing line that represents a return to the main topicβ€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”

Because of Austin's boldness, meticulousness, extreme accuracy and quick response, taking advantage of the first fluctuation of Goldman Sachs Bank to start shorting international crude oil prices step by step, the funds in Peipei's account and Hercules Investment Bank followed suit to take advantage of the wind and short-term fast in and out of the international crude oil market, from which a large amount of cash flow was profitable!

According to the rules of the game in the international capital market, except for stocks, you can choose a small proportion such as 1-to-1 or 1-2 for retail investment, and any other financial products, such as the foreign exchange market, crude oil market, gold market, etc., the trading method used in the capital market is a minimum ratio of 1:100 trading rules. Even, the capital market of some financial products can also use the one-to-500 trading method!

This kind of transaction method also means that the more than 200 million cash in Peipei's account can be used as a magnified investment of 20 billion yuan.

It is precisely because of such trading rules that when Austin officially withdrew from the international crude oil market on May 12 (it seems that some investors are quite taboo on May 13), not to mention how much profit Austin's Heckless Investment Bank made from it, only in this account under Peipei's personal name, the capital suddenly swelled to more than 670 million US dollars!

This is still the profit obtained by Austin's steady and steady trading!

According to Austin's aftermath, it is precisely because this account is in his wife's name that he will be restrained, steady, and control the operation and trading in the mode of one to one hundred with the smallest ratio, trying to make a steady profit rather than trading with a larger means and a larger proportion!

However, in just two months, the initial capital of 100 million US dollars has increased more than six times under the control of her husband, and Pei Pei is already satisfied, and she can't be satisfied anymore!

For Pei Pei, even if she has the exact inside information, the one-to-one trading model still makes her very worried! If Austin really dares to continue to scale up the scale to trade, she probably won't be able to sleep well at night!

According to Pei Pei's Taoist (superstitious) thinking, this huge amount of windfall must be used for a small amount of good deeds in order to keep one's luck from being consumed.

It just so happened that under the advice of the accountant Michael, in order to avoid taxes reasonably, Pei Pei also learned the same tax avoidance methods as all the wealthy Americans and set up a charitable foundation under his own name.

Then, just as Pei Pei was about to take out one percent of the profits and transfer them to this charitable foundation under his name, suddenly-

The next day, on May 13, 08 US time, a piece of sad news reached the United States!

β€”β€”On May 12, Beijing time, a huge earthquake occurred in the Wenchuan region of Sichuan in Chinese mainland!

After this news spread to the United States, it caused a great sensation in the Chinese circle!

Then, whether it is a show or a sincere grief, in the face of such a painful and unfortunate event, not only governments, groups and individuals; international and regional organizations; Overseas students and overseas Chinese have urgently mobilized to donate money and materials to help the Chinese government tide over this difficult time.

Among all this international aid, the most sincere ones are always those overseas Chinese! (To be continued......)

PS: Hurry up, finally completed the 3000-word chapter, and today I completed a total of 6000 words of updates, asking for all kinds of tickets or rewards!